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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.

Property 01 Dec 2016 | 12:00 AM

Strong take-up rate for phase 1 of Eco Ardence

SHAH ALAM: Eco World Development Group Bhd’s Eco Ardence project has recorded a strong take-up rate of 85% for its first phase since its September launch.

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.

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).

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.

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 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,

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.

Property 03 Jun 2017 | 12:00 AM

Developing a lively township

Eco World to set up lifestyle hub in Eco Ardence