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Boustead Holdings Bhd has achieved a big increase in first-quarter profit as its major operating divisions reported a healthy bounce in earnings.
Boustead Holdings Bhd signed with Aseambankers Malaysia Bhd yesterday a facility to issue up to RM350mil bank guaranteed bonds comprising Bank Guaranteed Serial Bonds of RM250mil and Bank Gua-ranteed Redeemable Convertible Bonds of up to RM100mil (RCB).
BOUSTEAD Holdings Bhd expects its 700 units of mixed properties under construction at Taman Mutiara Rini in Skudai to generate sales of about RM160mil.