News about Boustead

PETALING JAYA (Dec 2): MyTOWN Shopping Centre (MyTOWN), which will open for business on Feb 16 next year, is targeting to attract two million footfalls in its first month of operations.

KUALA LUMPUR (Nov 30): Boustead Holdings Bhd's net profit gained sevenfold in its third quarter of the financial year 2016 (FY16) due to a gain on disposal of Jendela Hikmat Sdn Bhd and sale of lands.

KUALA LUMPUR (Nov 11): S P Setia Bhd, which had on Wednesday announced that it had won a tender to purchase 1,675-acre piece of land in Seberang Perai Utara, Penang for RM620 million, is purchasing it from Boustead Plantations Bhd, sources told The Edge Financial Daily.

KUALA LUMPUR (Sept 22): The opening of the RM3 billion gross development value MyTOWN Shopping Centre in Cheras is delayed from the initial target of November this year, amid headwinds faced by the shopping mall segment.

MUTIARA Damansara translates to The Pearl of Damansara and this township in the north of Petaling Jaya, Selangor is certainly shining like a gem for those who initially bought properties there.

KUALA LUMPUR (Aug 25): Boustead Holdings Bhd saw its second-quarter net profit jump more than 77 times to RM225.

KUALA LUMPUR (Aug 24): Boustead Holdings Bhd's net profit for the second quarter ended June 30, 2016 (2QFY16) surged to RM225.

KUALA LUMPUR (Aug 22): Boustead Plantations Bhd’s second quarter net profit doubled to RM97.

PETALING JAYA (July 26): Boustead Holdings Bhd aims to launch its 1 Cochrane condominiums in Cheras early next year, said divisional director under property Datuk Seri Ghazali Mohd Ali (pictured).

TWO prominent businessmen are looking at divesting 183 Ampang, a six-year-old residential project located close to two major roads in Kuala Lumpur — Jalan Ampang and Jalan Tun Razak — possibly for as much as RM2,400 psf or RM317 million.