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Boustead plans mall on prime KL site

BOUSTEAD Holdings Bhd is planning to develop a 1.2ha site in Kuala Lumpur's golden triangle for a shopping complex and serviced apartments.

’Tis the year for major MAs

THIS year is fast shaping up to be one of big mergers and acquisitions (Mamp;As) for the corporate sector, judging by the number of takeover announcements so far.

Boustead reports 10.7% jump in pre-tax profit

BOUSTEAD Holdings Bhd has reported a 10.7% increase in pre-tax profit to RM44mil in the 1st quarter ended March 31, 2003, from RM39.9mil in the corresponding period last year.

News in brief

News in brief onMOX, AKN, Multipurpose, Denko, Boustead, United Plantations, Furqan and IOI.

News in brief

News in brief on Danajarta, UNISEM, Pernas Securities and other firms.

Stockwatch

Izwan Idris writes on CIMB, SP Setia, Genting, Boustead and Kimble.

UAC details use of cash reserves

UAC Bhd will spend part of its RM135mil cash on new business ventures and improving plant efficiency, said managing director Li Heng Tiong

Affin plans to have a strong retail commercial bank: MD

AFFIN Holdings Bhd, which is ra-tionalising and streamlining its financial services operations, is in the preliminary stage of establishing a strong retail commercial bank and an investment bank.

Boustead inching closer to taking Kuala Sidim private

DIVERSIFIED Boustead Holdings Bhd is one step closer towards taking its 56.5%-owned plantation subsidiary, Kuala Sidim Bhd, private following shareholders' approval at its AGM yesterday, Boustead group managing director Datuk Lodin Wok Kamaruddin said.

Views of analysts on consolidation of plantation companies

SOME analysts have reservations over any speedy completion of the mergers among PNB-linked plantation companies.