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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: Tan Sri Lodin Wok Kamaruddin has ceased to be deputy chairman of Affin Holdings Bhd after more than eight years in the position.
KUALA LUMPUR: Boustead Holdings Bhd's subsidiary is seeking RM42.70mil in damages from Petronas Carigali Sdn Bhd over the suspension of a contract to provide five helicopters for the latter's operations.