News about Boustead

  KUALA LUMPUR (April 20): Sunway Bhd plans to roll out a mixed development comprising serviced apartment and retail elements that carries a gross development value (GDV) of at least RM1.

KUALA LUMPUR (April 19): Boustead Holdings Bhd is selling a 6.

PETALING JAYA (April 2): Shopping centre eCurve has been temporarily closed, following a “Lights Off” ceremony on March 31 (pictured), to pave way for a new redevelopment plan.

KUALA LUMPUR (March 26): Businessman Deepak Jaikishan (pictured) is appealing against the High Court's decision to reject his application for an injunction to block Boustead Holdings Bhd and five others from engaging in any dealings concerning three plots of land in Bukit Raja, Klang.

KUALA LUMPUR (March 22): Boustead Holdings Bhd is seeking time extension consent from holders of the diversified group’s RM2.

KUALA LUMPUR (March 8): Boustead Holdings Bhd and its subsidiaries have made more changes in their boardrooms, with the latest being the redesignation of Boustead's executive director of group business development Izaddeen Daud as its deputy group managing director, effective March 1.

KUALA LUMPUR (Feb 5): Uncertainties stemming from Covid-19, the Littoral Combat Ship (LCS) project, leadership changes at Lembaga Tabung Angkatan Tentera (LTAT) and clarity of Boustead Holdings Bhd’s (BHB) rejuvenation plan led to the armed forces fund aborting its takeover plan of Boustead after eight months of consideration.

    PETALING JAYA (Jan 18): Singapore-listed Hotel Royal purchased the Royale Chulan Bukit Bintang Hotel Kuala Lumpur at RM177.

KUALA LUMPUR (Dec 5): There is “speculation” that ex-managing director of Boustead Holdings Bhd Datuk Seri Amrin Awaluddin (pictured) “might be heading to UEM Sunrise Bhd to become its MD/CEO”, The Edge Malaysia reported this week.

KUALA LUMPUR (Oct 27): Five months have passed and the Armed Forces Fund Board (LTAT) is still making up its mind on the privatisation of its debt-laden flagship group, Boustead Holdings Bhd, since the army fund first expressed consideration for the corporate exercise.