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Business

Boustead Plantations to issue 580m new shares under IPO

KUALA LUMPUR: Boustead Plantations Bhd plans to issue 580 million new shares to retail and institutional investors under its proposed listing on the Main Market of Bursa Malaysia.

Business

Boustead Plantations Q3 profit jumps to RM37.36mil

PETALING JAYA: Boustead Plantations Bhd’s net profit jumped 58% to RM37.36mil in the third quarter ended Sept 30 compared with RM23.63mil in the same quarter last year.

Business

Boustead Plantations earnings soar to RM562mil

PETALING JAYA: Boustead Plantations Bhd registered a 1405% surge in net profit at RM562.42mil for the third quarter ended September 30, 2017, from the previous corresponding quarter. This was on the back of an exceptional disposal gain on plantation asset amounting to RM554.9mil during the period under review.

Business

Higher CPO prices push up Boustead Plantations' profit

PETALING JAYA: Boustead Plantations Bhd turned in a net profit of RM50.29mil for the fourth quarter ended Dec 31 from a net loss of RM975,000 a year ago

Business

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

Boustead Plantations to hive off ‘non-performing’ assets

PETALING JAYA: Boustead Plantations Bhd is looking to sell more of its land as it seeks to hive off “non performing assets.”

Business

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

Boustead Plantations IPO prospectus on May 27, targets June listing

PETALING JAYA: Boustead Plantations Bhd will launch its initial public offering (IPO) next week, amid a recent slump in crude palm oil (CPO) prices that may dampen investor demand for the oil palm grower.

Business

RM57m profit for Boustead Plantations

PETALING JAYA: Boustead Plantations Bhd recorded a net loss of RM965,000 for its fourth quarter ended Dec 31, 2014 compared with a net profit of RM298.3mil a year ago.

Business

Boustead Plantations to sell unit for RM60mil

PETALING JAYA: Boustead Plantations Bhd (BPB), as part of its ongoing exercise to unlock value, has entered into a conditional share sale agreement with Permodalan Darul Ta’zim Sdn Bhd (PDT) for the proposed disposal of BPB’s 76.1% equity interest in Boustead Sedili Sdn Bhd for a total cash consideration of RM60mil.