News about Boustead

    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.

KUALA LUMPUR (Aug 28): Boustead Holdings Bhd booked a net loss of RM73.

KUALA LUMPUR (Aug 26): The High Court today has fixed Sept 23 for its decision on whether to strike out a suit by carpet businessman Deepak Jaikishan against Boustead Holdings Bhd and its subsidiaries over 223.

KUALA LUMPUR (Aug 22): Boustead Holdings Bhd has plans to divest more than RM1 billion worth of properties, reported The Edge Malaysia this week.

PETALING JAYA (Aug 21): Boustead Holdings Bhd has put up one of its properties in Kuala Lumpur for sale.

KUALA LUMPUR (Aug 11): Boustead Holdings Bhd confirmed that it has filed a suit at the High Court against its former managing director Tan Sri Che Lodin Wok Kamaruddin and five former directors, seeking £6.

KUALA LUMPUR (Aug 11): Boustead Holdings Bhd had in June file a suit here against its former chairman Tan Sri Mohd Ghazali Che Mat, its managing director Tan Sri Che Lodin Wok Kamaruddin, and four other directors for purported breach of fiduciary duty and is seeking jointly from them a sum of £6.

KUALA LUMPUR (July 17): Boustead Holdings Bhd has unveiled its transformation plan to drive the group forward for the next three years as part of its strategy to strengthen prospects and unlock value.