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Commodities 01 Dec 2016 | 12:00 AM

Boustead earnings soar owing to gains on disposals

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.

Business 23 Aug 2016 | 12:00 AM

Boustead Plantations earnings double

PETALING JAYA: Boustead Plantations Bhd saw its net profit doubled to RM97.5mil for the second quarter ended June 30, 2016, from RM48.6mil in the corresponding last year due largely to gains on disposal of land.

Business 01 Apr 2016 | 12:00 AM

Boustead Plantations sees RM120mil gain

PETALING JAYA: Boustead Plantations Bhd expects to record a gain of about RM120mil this year following its plan to further divest non-core land, said vice-chairman Tan Sri Lodin Wok Kamaruddin (pic)

Business 13 Jul 2013 | 12:00 AM

Boustead trading suspension

PETALING JAYA: Boustead Holdings Bhd will suspend the trading of its shares and its Al-Hadharah Boustead real estate investment trust (REIT) on Monday.

Business 24 Mar 2014 | 2:17 PM

SC okays Boustead Plantations listing on main board

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.

Business 25 Mar 2014 | 12:00 AM

Boustead Plantations IPO receives SC green light

PETALING JAYA: Boustead Holdings Bhd (BHB) has received approval from the Securities Commission for the listing of its wholly-owned subsidiary, Boustead Plantations Bhd (BPB) on the Main Market of Bursa Malaysia.

Business 22 Sep 2015 | 12:00 AM

Boustead unit secures RM4.8mil contract

KUALA LUMPUR: Boustead Heavy Industries Bhd’s unit, Boustead Penang Shipyard Sdn Bhd (BP Shipyard), has secured a RM4.8mil contract from Trans Resources Corp Sdn Bhd.

Business 21 Aug 2013 | 2:31 PM

Boustead's Q2 earnings up 40% on-year to RM61.2m, H1 down 14%

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.

Business 12 Nov 2013 | 12:00 AM

Boustead awards job

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.

Business 18 Dec 2013 | 3:24 PM

Boustead to establish RM1.2bil hybrid bond

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.