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Business 22 Aug 2013 | 12:00 AM

Boustead's improvement in most divisions boosts earnings by 40%

PETALING JAYA: Boustead Holdings Bhd logged a hefty 40.05% leap in net profit for the second quarter ended June 30 to RM61.2mil against RM43.7mil a year earlier, despite a drop in revenue, on improvements across most of its business segments.

Business 03 Feb 2014 | 10:28 AM

CIMB Research has Add for Boustead Singapore at S$1.94

SINGAPORE: CIMB Research has initiated coverage on Boustead Singapore Ltd with an ADD rating and a sum-of-parts based target price of S$1.94 which is a 16.2% upside from the current price of S$1.67, on top of the 3.0% dividend yield.

Business 07 Apr 2014 | 2:07 PM

Boustead to price sale of plantations unit at RM1.60 a share

KUALA LUMPUR: Boustead Holdings Bhd is expected to raise nearly RM1bil from the listing of Boustead Plantations Bhd at an offer price of RM1.60 a share.

Business 26 Nov 2014 | 12:00 AM

Boustead unit awards RM20mil contract for vessels

PETALING JAYA: Boustead Holding Bhd subsidiary, Boustead Naval Shipyard (BNS), has awarded a £3.88mil (RM20.39mil) contract to Contraves Advanced Devices Sdn Bhd (CAD) for the delivery of six patrol vessels.

Business 06 Dec 2013 | 12:00 AM

Boustead to list plantation division next year, add more land-bank

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.

Business 21 Jun 2019 | 12:00 AM

Boustead unit wins RM96mil job

PETALING JAYA: Boustead Holdings Bhd’s unit has won a contract worth RM95.99mil for vessel refit works from the Defence Ministry.

Corporate News 19 Jul 2018 | 12:00 AM

Boustead Plantations buys Sandakan land, mill for RM397mil

KUALA LUMPUR: Boustead Plantations Bhd is buying 4,915 ha of plantation land in Sandakan, Sabah, inclusive of a 75-tonne per hour palm oil mill.

Commodities 01 Mar 2017 | 12:00 AM

Boustead declares lower dividend despite higher earnings

PETALING JAYA: Boustead Holdings Bhd (Boustead) has cut its declared dividend for 2016 even though its after-tax profit surged four-fold to RM589mil from RM139mil registered a year earlier.

Commodities 22 Dec 2016 | 12:00 AM

Boustead Plantations to sell unit for RM60mil

PETALING JAYA: Boustead Plantations Bhd (BPB), as part of its ongoing exercise to unlock value, has entered into a conditional share sale agreement with Permodalan Darul Ta’zim Sdn Bhd (PDT) for the proposed disposal of BPB’s 76.1% equity interest in Boustead Sedili Sdn Bhd for a total cash consideration of RM60mil.

Business 17 Nov 2016 | 12:00 AM

Boustead Plantations Q3 profit jumps to RM37.36mil

PETALING JAYA: Boustead Plantations Bhd’s net profit jumped 58% to RM37.36mil in the third quarter ended Sept 30 compared with RM23.63mil in the same quarter last year.