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Corporate News 09 Jun 2016 | 1:10 PM

Eco World, S’wak businessman team up in RM8.6bil project

KUALA LUMPUR: Eco World Development Group Bhd (EW Bhd) is undertaking a new joint-venture (JV) mixed development project next to Setia Alam, the award-winning township in Shah Alam that helped build EW Bhd chairman Tan Sri Liew Kee Sin’s reputation as an industry leader.

Corporate News 29 Apr 2016 | 12:37 PM

Boustead Holdings on track to reduce gearing to 0.9 times

KUALA LUMPUR: Boustead Holdings Bhd (BHB) is on track to pare down debt and reduce its gearing to 0.9 times from 1.1 times by end-2016, said deputy chairman and group managing director Tan Sri Lodin Wok Kamaruddin.

Business 31 Dec 2015 | 12:00 AM

Boustead 'hold', Pavilion REIT 'neutral' Choo Bee 'sell'

BOUSTEAD Holdings has proposed to sell its 30% stake in Jendela Hikmat Sdn Bhd (JHSB) to Cascara Sdn Bhd, which currently owns a 40% stake in JHSB, for a total consideration of RM180mil.

Property 30 Dec 2015 | 12:00 AM

Boustead to get RM194mil from stake sale

PETALING JAYA: Boustead Holdings Bhd is expected to realise a net gain of RM194.46mil from the proposed sale of its entire 30% stake in property development company Jendela Hikmat Sdn Bhd (JHSB).

Corporate News 29 Dec 2015 | 7:03 PM

Bursa highlights for Tues, Dec 29

Companies that made notable announcements to Bursa Malaysia on Tuesday were Berjaya Corp, Boustead Holdings, Box-Pak (M), Kim Teck Cheong Consolidated, Pavilion REIT and Petaling Tin.

Corporate News 29 Dec 2015 | 10:31 AM

Boustead sells 30% stake in property firm for RM180mil

KUALA LUMPUR: Boustead Holdings Bhd is selling its entire 30% stake in property company Jendela Hikmat Sdn Bhd – which owns 577.58 acres of land in Selangor and in Kuching valued at RM857.95mil -- to Cascara Sdn Bhd for RM180mil cash consideration.