News about Boustead

PETALING JAYA (Nov 30): Boustead Holdings Bhd is considering selling more assets in Jalan Bukit Bintang, The Edge reported today.

KUALA LUMPUR (Nov 29): Diversified group Boustead Holdings Bhd recorded a net loss of RM155 million for the third quarter ended Sept 30, 2019, versus a net profit of RM7.

KUALA LUMPUR (OCT 5): Years of paying more returns than it can afford has led the Armed Forces Fund (LTAT) to its worst dividends in 46 years - 2% for FY18.

  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 10): The price offered by Singapore’s Hotel Royal Ltd to acquire the Royale Chulan Bukit Bintang Hotel is almost twice the price quoted by Malaysian companies, Defence Minister Mohamad Sabu said today.

  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.