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PETALING JAYA: Boustead Holdings Bhd is planning to create another plantation giant by listing its plantation division next year. It is also eyeing to add more plantation land-bank to its portfolio.
KUALA LUMPUR: Shareholders of Boustead Holdings Bhd has approved the privatisation of the Al-Hadharah Boustead REIT, which would pave the way to consolidate the group's plantation business under an enlarged Boustead Plantations Bhd.
KUALA LUMPUR: Boustead Plantations Bhd’s unit Boustead Rimba Nilai Sdn Bhd has bought two parcels of land in Sabah worth RM184.59mil to expand its oil palm business.
Boustead Holdings Bhd said it will privatise its plantation-based Al-Hadharah Boustead REIT at RM2.10 per share, confirming a report by StarBiz.
KUALA LUMPUR: Boustead Holdings Bhd subsidiaries will appeal against a Sibu court decision, which had ruled against an agreement over the development of native customary rights (NCR) land.
PETALING JAYA: Sime Darby Bhd's major breakthrough to completely sequence, assemble and annotate the oil palm genome with 93.8% completeness will be a tough act to follow by the palm oil custodian, the Malaysian Palm Oil Board (MPOB) and other plantation companies.