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PETALING JAYA: Boustead Heavy Industries Corp Bhd (BHIC) returned to profit in its latest quarterly report for the first quarter ended March 31.
PETALING JAYA: The Defence Ministry has issued a letter to Boustead DCNS Naval Corp Sdn Bhd to claim liquidated damages involving two Royal Malaysian Navy submarines.
KUALA LUMPUR: Boustead Heavy Industries Corp Bhd (BHIC) said a joint venture company Boustead DCNS Naval Corp Sdn Bhd (BDNC) had received a letter from the Ministry of Defence (Mindef) claiming liquidated damages amounting to RM11.6mil and €6.46mil (RM31.2mil).
KUALA LUMPUR: DRB-Hicom Bhd, TA Enterprise Bhd, TA Global Bhd, TSH Resources Bhd Berjaya Corp Bhd (BCorp) and Uchi Technologies Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.
PETALING JAYA: Boustead Plantations Bhd’s net loss narrowed to RM9.6mil for the first quarter (Q1) ended March 31,2020, from RM16.2mil in the corresponding quarter last year, as revenue rose on improved prices of palm products.
Shareholders to decide if they want 80 sen for each share
KUALA LUMPUR: Boustead Holdings Bhd jumped as high as 18% on Friday, on news of an offer by Lembaga Tabung Angkatan Tentera (LTAT) to take the company private.
KUALA LUMPUR: Stocks to watch on Friday include Gadang Holdings Bhd, Vizione Holdings Bhd, Boustead Holdings Bhd and Cypark Resources Bhd, according to JF Apex Research.
Fund considering move following company’s weak share price
KUALA LUMPUR: Lembaga Tabung Angkatan Tentera (LTAT), the controlling shareholder of Boustead Holdings Bhd, is considering a proposal to privatise the company at 80 sen a share.