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PETALING JAYA: Boustead Holdings Bhd net profit for the third quarter ended Sept 30, 2016 soared to RM44mil from RM6mil in the corresponding quarter last year mainly due to gains on disposals. The disposals included the group’s stake in Jendela Hikmat Sdn Bhd as well as the sale of non-core plantation land.
KUALA LUMPUR: Boustead Holdings Bhd has received approval from the Securities Commission for the proposed listing of its wholly-owned unit, Boustead Plantations Bhd (BPB), on the main board of Bursa Malaysia.
KUALA LUMPUR: Boustead Holdings Bhd reported earnings of RM61.2mil in the second quarter ended June 30, 2013, up 40% from the previous year's RM43.7mil.
PETALING JAYA: Boustead Holdings Bhd’s (BHB) subsidiary, Boustead Naval Shipyard Sdn Bhd (BNS), has issued a letter of award to Contraves Advanced Devices Sdn Bhd (a subsidiary of BHB’s unit, Boustead Heavy Industries Corp Bhd) to supply the torpedo launching system for the second-generation patrol vessels or littoral combat ships.
Boustead Holdings Bhd has announced the formal establishment of a junior Islamic medium term note programme of up to RM1.2bil in nominal value, said the issuance is timely since it allows the company to raise the required funds as and when required.