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DIVERSIFIED conglomerate Boustead Holdings Bhd is a hidden gem with good prospects.
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.
Boustead Holdings Bhd said it will privatise its plantation-based Al-Hadharah Boustead REIT at RM2.10 per share, confirming a report by StarBiz.
PETALING JAYA: Boustead Holdings Bhd (BHB) expects to raise RM928mil from the proposed listing of its plantation arm, Boustead Plantations Bhd, at an indicative offer price of RM1.60 a share.