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Boustead group sees return to profitability

KUALA LUMPUR: Boustead Holdings Bhd is optimistic of a return to profitability despite recording a full year loss of almost half a billion ringgit last year, dragged down by its plantation and heavy industry businesses.


Boustead Plantations anticipates bullish CPO price

PETALING JAYA: Boustead Plantations Bhd anticipates crude palm oil (CPO) prices to be bullish by 2020, ranging from a conservative outlook of between RM2,200 and RM2,300 per tonne.


BHIC says lower contract price to buildships for China won’t impact margins

KUALA LUMPUR: Boustead Heavy Industries Corp Bhd (BHIC) says the lower contract price to build the four littoral mission ships (LMS) with the Chinese government will not have an impact on its margins.

Business Premium

Winds of change in LTAT

NIK Amlizan Mohamed, the new chief executive of the Armed Forces Fund Board (LTAT), sits in her new office adorned by gifts from her ex-colleagues at Retirement Fund Inc (KWAP) when she left her job to head for new responsibilities at LTAT.


Nik Amlizan’s challenge is like trying to change tyres while the car is moving

THE Armed Forces Fund Board (LTAT) is set for a historical transformation.


Fort LTAT breached

It has never been easy to decipher what goes on behind the workings of the Armed Forces Fund Board or better known as LTAT.


Amrin is Boustead’snew MD

PETALING JAYA: Boustead Holdings Bhd has announced the appointment of Datuk Seri Amrin Awaluddin as its new managing director, effective May 6, 2019.


Amrin to quit as Sime Darby Property MD

PETALING JAYA: Sime Darby Property Bhd’s group managing director (MD) Datuk Seri Amrin Awaluddin, 52, will be resigning from his position, described as an early cessation of contract effective May 3.


RM1bil land sale by Sime Darby

PETALING JAYA: Sime Darby Plantation Bhd (SDP) is looking to dispose of over 4,300 acres of freehold estate land in Peninsular Malaysia that is estimated to bring in proceeds of more than RM1bil if it is able to get the price it seeks.


Trading ideas: Gamuda, BHIC, Eco World Development, Mah Sing

KUALA LUMPUR: Gamuda Bhd, Boustead Heavy Industries Corp Bhd (BHIC), Eco World Development Group Bhd, Eco World International Bhd (EWI) and Mah Sing Group Bhd are among the stocks to watch on Friday, according to JF Apex Research.