News about Boustead Holdings

  KUALA LUMPUR (July 12): Boustead Holdings Bhd announced today Datuk Nonee Ashirin Mohd Radzi, Loong Caesar, Lt Gen (R) Datuk Fadzil Mokhtar and Abraham Verghese TV Abraham's appointments as independent non-executive directors.

  KUALA LUMPUR (July 12): Boustead Holdings Bhd has aborted plans to buy multiple pieces of leasehold commercial land totalling 10.

KUALA LUMPUR (May 31): Boustead Holdings Bhd, the key contributor to Retirement Fund (Incorporated)’s (KWAP) dividend, slipped into the red for the first quarter ended March 31 (1QFY19), posting a net loss of RM22.

  Falling crude oil prices aside, an RM750 million cash acquisition of 42 parcels of plantation land, a total of 11,579.

  KUALA LUMPUR (April 4): Datuk Seri Amrin Awaluddin, the current chief executive officer (CEO) of Sime Darby Property Bhd, is going to fill the group managing director’s (MD) position at Boustead Holdings Bhd, according to sources.

KUALA LUMPUR (March 21): The conditions for the sale of the Royale Chulan Bukit Bintang Hotel have yet to be fulfilled and as such the hotel still belongs to Boustead Holdings Bhd, a ministry of defence (Mindef) official said yesterday.

KUALA LUMPUR (March 15): Boustead Holdings Bhd inked a sale and purchase agreement (SPA) today with Singapore's Hotel Royal Ltd to sell its Royale Chulan Bukit Bintang Hotel for RM197 million, cash, just over two weeks after the Ministry of Defence (Mindef) said the sale wasn't a done deal.

KUALA LUMPUR (Feb 19): Boustead Holdings Bhd announced today it is disposing of its Royale Chulan Bukit Bintang Hotel business to Singapore-based Hotel Royal Ltd for RM197 million.

  KUALA LUMPUR (Jan 14): Former prime minister Datuk Seri Najib Razak and his wife Datin Seri Rosmah Mansor have denied any conspiracy to defraud controversial carpet trader Deepak Jaikishian of prime land in Bukit Raja here as alleged in the latter's RM576 million suit against the couple and two others, Malaysiakini reported today.

PETALING JAYA (Dec 8): Boustead Holdings Bhd, owner and operator of a portfolio of hotels is seeking bids for Royale Chulan Bukit Bintang in Kuala Lumpur, after having received offers to purchase it.