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Corporate News 29 Dec 2015 | 10:31 AM

Boustead sells 30% stake in property firm for RM180mil

KUALA LUMPUR: Boustead Holdings Bhd is selling its entire 30% stake in property company Jendela Hikmat Sdn Bhd – which owns 577.58 acres of land in Selangor and in Kuching valued at RM857.95mil -- to Cascara Sdn Bhd for RM180mil cash consideration.

Corporate News 29 Dec 2015 | 7:03 PM

Bursa highlights for Tues, Dec 29

Companies that made notable announcements to Bursa Malaysia on Tuesday were Berjaya Corp, Boustead Holdings, Box-Pak (M), Kim Teck Cheong Consolidated, Pavilion REIT and Petaling Tin.

Property 30 Dec 2015 | 12:00 AM

Boustead to get RM194mil from stake sale

PETALING JAYA: Boustead Holdings Bhd is expected to realise a net gain of RM194.46mil from the proposed sale of its entire 30% stake in property development company Jendela Hikmat Sdn Bhd (JHSB).

Business 31 Dec 2015 | 12:00 AM

Boustead 'hold', Pavilion REIT 'neutral' Choo Bee 'sell'

BOUSTEAD Holdings has proposed to sell its 30% stake in Jendela Hikmat Sdn Bhd (JHSB) to Cascara Sdn Bhd, which currently owns a 40% stake in JHSB, for a total consideration of RM180mil.

Corporate News 29 Apr 2016 | 12:37 PM

Boustead Holdings on track to reduce gearing to 0.9 times

KUALA LUMPUR: Boustead Holdings Bhd (BHB) is on track to pare down debt and reduce its gearing to 0.9 times from 1.1 times by end-2016, said deputy chairman and group managing director Tan Sri Lodin Wok Kamaruddin.

Corporate News 09 Jun 2016 | 1:10 PM

Eco World, S’wak businessman team up in RM8.6bil project

KUALA LUMPUR: Eco World Development Group Bhd (EW Bhd) is undertaking a new joint-venture (JV) mixed development project next to Setia Alam, the award-winning township in Shah Alam that helped build EW Bhd chairman Tan Sri Liew Kee Sin’s reputation as an industry leader.

Corporate News 09 Jun 2016 | 6:40 PM

Bursa highlights for Thurs, June 9

Among the companies that made notable announcements to Bursa Malaysia on Thursday were AWC, ECO WORLD, EONMETALL, MAGNA PRIMA, M'SIA BUILDING SOCIETY and TOP GLOVE,

Business 10 Jun 2016 | 12:00 AM

Eco World plans RM8.58bil high-end project in Klang

PETALING JAYA: Eco World Development Group Bhd chairman Tan Sri Liew Kee Sin is returning to Bukit Raja, Klang where he has carved a niche as a reputable property developer.

Corporate News 10 Jun 2016 | 12:47 AM

CIMB Research retains Add for Eco World

KUALA LUMPUR: CIMB Equities Research is keeping its Add call for Eco World Development with a slightly higher target price of RM1.75 from its earlier RM1.70.

Corporate News 10 Jun 2016 | 1:29 AM

Trading ideas: Eco World, MBSB, AWC

KUALA LUMPUR: JF Apex Research expects Eco World, MBSB and AWC to be among the stocks which could see some trading interest on Friday after their corporate news.