Posted by Keyman188 > 2020-04-30 18:43 | Report Abuse

Khaled Nordin appointed as Boustead Holdings chairman

(theedgemarkets.com April 30, 2020 18:22 pm +08)


KUALA LUMPUR (April 30): Former Johor Menteri Besar Datuk Seri Mohamed Khaled Nordin has been appointed as the new non-independent and non-executive chairman of Boustead Holdings Bhd, nine months after the position was left vacant.

Khaled, whose appointment will be made effective tomorrow, succeeds General Tan Sri Panglima Mohd Ghazali Che Mat, who retired as Boustead chairman on July 31 last year.

Boustead managing director Datuk Sri Amrin Awaluddin welcomed Mohamed Khaled’s chairmanship in the group.

“We are confident that the group is in very good hands under his proven leadership,” he said in a statement.

“Datuk Seri Mohamed Khaled’s vast experience from leading Johor as well as his key positions in various Ministries, will certainly strengthen the board in guiding Boustead to improve the way we do business and increase our prospects over the long term,” Amrin said.

Mohamed Khaled, 61, holds a Bachelor of Laws (Hons) degree from University Malaya.

He started his career in the corporate sector in 1983 as a legal executive in Petronas before joining politics in 1990.

During his tenure as Johor Menteri Besar from 2013 to 2018, Mohamed Khaled also served as chairman of Johor Corp Bhd, its group of companies and several State-owned entities.

“Under his five-year leadership, Johor witnessed a steady growth in its economy, with the State’s GDP standing at RM100 billion,” said Boustead.

“The average GDP growth rate was recorded at 5.9%, which at that time surpassed Malaysia’s average GDP growth rate of 5.1%.

“During his tenure at Johor Corp, the group successfully implemented several restructuring and turnaround exercises,” it added.

Prior to that, he served as Minister of Higher Education from 2008 to 2013, and as Minister of Entrepreneur and Co-operatives Development from 2004 to 2008. From 1990 to 2004, Mohamed Khaled served the nation as Deputy Minister of Works.


##https://www.theedgemarkets.com/article/khaled-nordin-appointed-boustead-holdings-chairman

Posted by shpg22 > 2020-04-30 19:42 | Report Abuse

Kantoi....another political apointee

Posted by Victor Yong > 2020-04-30 19:58 | Report Abuse

Boustead is a dark horse, it would rebound strongly very soon. It comprises:

1) affin bank -essential service
2) BPlant - essential product
3) BHP petrol station - essential product
4) Pharmaniaga - essential products to hospitals
5) BHIC - essential product for our navy, etc
6) etc.

Posted by Victor Yong > 2020-04-30 20:41 | Report Abuse

Minggu depan, harga saham Boustead Akan Naik gila kot? :)

Mohamed Khaled Nordin dilantik Pengerusi Boustead

Oleh Wartawan BH
bhbiz@bh.com.my

KUALA LUMPUR: Boustead Holdings Bhd (Boustead) melantik Datuk Seri Mohamed Khaled Nordin sebagai Pengerusi Bukan Bebas Bukan Eksekutifnya berkuatkuasa 1 Mei 2020.

Boustead dalam satu kenyataan hari ini berkata, sepanjang Mohamed Khaled berkhidmat sebagai Menteri Besar Johor dari 2013 hingga 2018, negeri itu mengecapi pertumbuhan ekonomi yang stabil.

Pengalamannya sebagai Pengerusi Johor Corporation Bhd juga menyaksikan kumpulan itu telah berjaya melaksanakan beberapa latihan penyusunan semula dan pemulihan.

Sebelum menjawat jawatan Menteri Besar Johor, Mohamed Khaled memegang jawatan di pelbagai kementerian seperti Menteri Pengajian Tinggi (2008 hingga 2013), Menteri Pembangunan Usahawan dan Koperasi (2004 hingga 2008) dan Timbalan Menteri Kerja Raya (1990 hingga 2004).

Mohamed Khaled memiliki Ijazah Sarjana Muda Undang-Undang (Kepujian) dari Universiti Malaya, dicalonkan oleh pemegang saham terbesar Boustead, Lembaga Tabung Angkatan Tentera (LTAT).

Pengarah Urusan Boustead, Datuk Seri Amrin Awaluddin berkata, pengalaman luas Mohamed Khaled pasti akan mengukuhkan lembaga itu, membimbing Boustead untuk memperbaiki cara menjalankan perniagaan dan meningkatkan prospeknya dalam jangka panjang.

"Kami yakin bahawa kumpulan berada di bawah kepimpinan baik yang sudah terbukti," katanya.

Posted by Victor Yong > 2020-04-30 20:44 | Report Abuse

Cantik, boleh terbang minggu depan, berlumba-lumba mau Selamatkan LTAT, dapat nama bagi PN/PN :)

Change in Boardroom
BOUSTEAD HOLDINGS BERHAD

Date of change 01 May 2020
Name DATUK SERI MOHAMED KHALED NORDIN
Age 61
Gender Male
Nationality Malaysia
Designation Chairman
Directorate Non Independent and Non Executive
Type of change Appointment
Qualifications
No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Degree
LLB Honours
Universiti Malaya
1982

Working experience and occupation YBhg. Datuk Seri Khaled started his career in 1983 and joined politics in 1990.

Positions held:

- 1983 : Legal Executive, Petronas
- 1983 to 1986 : Political Secretary, Federal Territory Minister.
- 1986 to 1987 : Political Secretary, Social Welfare Minister.
- 1990 to 2004 : Member of Parliament, Johor Bahru; and
: Deputy Works Minister.
- 2004 to 2008 : Minister of Entrepreneur and Co-operatives Development.
- 2004 to 2013 : Member of Parliament, Pasir Gudang Johor.
- 2008 to 2013 : Minister of Higher Education.
- 2013 to 2018 : State Assembly Member for Permas, Johor; and
: 15th Chief Minister (Menteri Besar) of Johor.

YBhg. Datuk Seri Khaled was the Chairman of Johor Corporation Berhad, its group companies and several state-owned entities.

Posted by Victor Yong > 2020-04-30 20:57 | Report Abuse

Sayang, jika tau lantikan bekas menteri besar Johor Dalam Boustead, patut Beli saham Boustead dengan lebih banyak :)

Posted by Victor Yong > 2020-04-30 20:59 | Report Abuse

FGV sudah 85sen, Boustead Akan mengejar dengan pantas :)

Posted by izoklse > 2020-04-30 21:00 | Report Abuse

wow UMNO men inside. Ok kena tengok next week.

Posted by Victor Yong > 2020-04-30 21:11 | Report Abuse

NEWS RELEASE
Datuk Seri Mohamed Khaled Bin Nordin Appointed as
The New Chairman of Boustead Holdings Berhad
KUALA LUMPUR, 30 April 2020 – Boustead Holdings Berhad (‘Boustead‘) is pleased to
announce the appointment of Datuk Seri Mohamed Khaled bin Nordin as the company’s
Non-Independent Non-Executive Chairman of the Board, effective 1 May 2020.
Datuk Seri Mohamed Khaled bin Nordin, 61, previously served as the 15th Menteri Besar
of Johor from 2013 to 2018. Under his five-year leadership, Johor witnessed a steady
growth in its economy, with the State’s Gross Domestic Product (GDP) standing at
RM100 billion. The average GDP growth rate was recorded at 5.9%, which at the time
surpassed Malaysia’s average GDP growth rate of 5.1%.
From 2013 to 2017, Johor was also the leading investment destination in the country with
the entry of RM114.9 billion worth of investments in the manufacturing sector alone. With
his appointment as the Menteri Besar of Johor, Datuk Seri Mohamed Khaled served as
the Chairman of Johor Corporation Berhad (‘JCorp’). He also served on the Boards of
companies within the JCorp Group as well as other Johor State Agencies. During his
tenure at JCorp, the group successfully implemented several restructuring and
turnaround exercises.
Prior to his tenure as the Menteri Besar of Johor and Chairman of JCorp, Datuk Seri
Mohamed Khaled was the Minister of Higher Education from 2008 to 2013. Datuk Seri
Mohamed Khaled also served as the Minister of Entrepreneur and Cooperatives
Development from 2004 to 2008. In addition, from 1990 to 2004, Datuk Seri Mohamed
Khaled served the nation as Deputy Minister of Works.

Before he embarked on a career of public service, Datuk Seri Mohamed Khaled was
attached to Petroliam Nasional Berhad (‘PETRONAS’). Datuk Seri Mohamed Khaled
holds a Bachelor of Laws (Hons.) degree from the University of Malaya.
As Non-Independent & Non-Executive Chairman, Datuk Seri Mohamed Khaled is a
nominee of Lembaga Tabung Angkatan Tentera (‘LTAT’), Boustead’s largest
shareholder.
“The Group is pleased and honoured to welcome Datuk Seri Mohamed Khaled as
Boustead’s Chairman. We are confident that the Group is in very good hands under his
proven leadership. Datuk Seri Mohamed Khaled’s vast experience from leading Johor as
well as his key positions in various ministries, will certainly strengthen the Board in guiding
Boustead to improve the way we do business and increase our prospects over the long
term”, said Dato’ Sri Amrin Awaluddin, Managing Director of Boustead Holdings Berhad.
About Boustead Holdings Berhad
Boustead Holdings Berhad (‘Boustead’), one of Malaysia's oldest conglomerates, is Lembaga Tabung Angkatan Tentera (‘LTAT’)’s
investment arm. The diversified Group comprises more than 90 subsidiaries, associate companies and joint ventures, and has
substantial interests in various sectors of the Malaysian economy.
Its operations are focused in five key areas namely plantation, heavy industries, property & industrial, trading, finance & investment,
and pharmaceutical.
Since its inception as a modest trading entity more than 180 years ago, the Boustead Group has grown by leaps and bounds. As at
31 December 2019, Boustead Holdings Berhad’s paid-up capital was RM2.0 billion while its shareholders’ funds stood at RM3.7
billion. Market capitalisation is currently in the region of RM1.6 billion. For more information on Boustead, log on to
www.boustead.com.my .
-ends

Posted by Lucky81 > 2020-04-30 21:11 | Report Abuse

sayang tak beli, ingat dah mampos.

Posted by meisarel > 2020-04-30 22:00 | Report Abuse

This new gov will not let GLC die...it is that simple.

Posted by Lucky81 > 2020-04-30 22:03 | Report Abuse

if LGx, sure glc lingkup.

Posted by Victor Yong > 2020-04-30 23:42 | Report Abuse

Date Close Volume
04/05/2020 0.55 -0.60 Forecast*
30/04/2020 0.455. 12,265,200
29/04/2020 0.435 3,096,600
28/04/2020 0.44 9,155,800
27/04/2020 0.455 3,665,100
24/04/2020 0.46 8,696,900
23/04/2020 0.47 18,362,100
22/04/2020 0.46 9,611,800
21/04/2020 0.47 16,229,800

Posted by future > 2020-04-30 23:47 | Report Abuse

Victor Yong, why did you predict its from 0.55-.60, why not 0.82 like you said earlier

Posted by Victor Yong > 2020-05-01 09:29 | Report Abuse

In stages, fgv pun macam tu, Kan? :)

@future Victor Yong, why did you predict its from 0.55-.60, why not 0.82 like you said earlier
30/04/2020 11:47 PM

Posted by Victor Yong > 2020-05-01 09:32 | Report Abuse

PH pulihkan fgv untuk peneroka felda, PN mau pulihkan Boustead bagi Angkatan Tentera (LTAT)?



Let see in the coming days harga saham Boustead boleh menewaskan fgv tak :)

Posted by Victor Yong > 2020-05-01 09:35 | Report Abuse

Total volume of Boustead shares traded rose almost 400% from April 29 to April 30. Probably, insider news kot? :)

30/04/2020 0.455. 12,265,200
29/04/2020 0.435 3,096,600

Posted by Victor Yong > 2020-05-01 09:37 | Report Abuse

I think many new millionaires will emerge from trading or investing in Boustead shares soon :)

Posted by Lucky81 > 2020-05-01 09:56 | Report Abuse

Huat arrr!

Posted by Victor Yong > 2020-05-01 10:18 | Report Abuse

:)

BSTEAD Dividend History

FY Ex
Date Pay
Date Type Div
(Cent) Details

2020*. Ada Dividen*ramalan* LTAT mau dividen, Angkatan Tentera makan apa?

2019 Takda Dividen
Dec18 13 Dec 2018 08 Jan 2019 Interim 1.50 Malaysia Stock - Dividend
Dec18 19 Sep 2018 05 Oct 2018 Second interim 1.00 Malaysia Stock - Dividend
Dec18 13 Jun 2018 04 Jul 2018 First Interim 2.50 Malaysia Stock - Dividend
Dec17 13 Mar 2018 29 Mar 2018 Interim 2.50 Malaysia Stock - Dividend
Dec17 14 Dec 2017 29 Dec 2017 Interim 3.00 Malaysia Stock - Dividend
Dec17 14 Sep 2017 28 Sep 2017 Second interim 3.00 Malaysia Stock - Dividend
Dec17 13 Jun 2017 23 Jun 2017 First Interim 2.50 Malaysia Stock - Dividend
Dec16 14 Mar 2017 28 Mar 2017 Interim 3.50

Posted by Victor Yong > 2020-05-01 10:22 | Report Abuse

Boustead, biasanya, bagi syer bonus Setiap 4 tahun, bukan? Tahun ini, 2020, Ada lagi kot? :)


Date Ex
Date Transfer
Date Type Ratio Details

29 Jun 2016 12 Jul 2016 14 Jul 2016 Bonus Issue 2 : 5

23 Dec 2011 06 Jan 2012 10 Jan 2012 Bonus Issue 1 : 10

Posted by Victor Yong > 2020-05-01 10:26 | Report Abuse

The largest shareholder of Boustead, LTAT :)


The Armed Forces Fund Board[2] (also commonly known by its Malay name Lembaga Tabung Angkatan Tentera and LTAT in short) is a statutory body which manages the pension fund for certain members of the Malaysian Armed Forces. LTAT was established in August 1972 by the Armed Forces Fund Act (also known as the Tabung Angkatan Tentera Act).[1] The fund is considered the smallest among Malaysian government-linked investment companies,[2][3] and owns controlling stakes in several public listed companies in Malaysia, including Boustead Holdings and Affin Holdings.[2] It is overseen by the Ministry of Defence.[4]

For officers, participation in the fund is voluntary, with no contribution towards their accounts by the Government of Malaysia.[1][5] Armed forces members of other ranks (compulsory contributors) are required to contribute a portion of their monthly salary to LTAT, with the government contributing as employer.[1][5] A compulsory non-pensionable contributor receives his/her retirement benefit in the form of a lump sum payment when he dies (next-of-kin), retires or is discharged from service, or reaches the age of 50.[1][6] A compulsory pensionable contributor receives his/her retirement benefit on his/her death (next-of-kin), retirement or reaching the age of 50 in the form of a lump sum payment of his/her contribution, while the government-contributed portion is transferred to Retirement Fund (Incorporated) (the civil service pension fund) which then administers monthly pension payments.[1][6] Voluntary members may withdraw their contributions at any time.[1][6]

The fund had RM10 billion in assets under management at the end of 2017.[7]

Posted by Victor Yong > 2020-05-01 10:34 | Report Abuse

A lot of political advantages for helping LTAT to make Boustead great again :)

Lembaga Tabung Angkatan Tentera atau singkatannya LTAT ialah sebuah badan berkanun kerajaan yang telah ditubuhkan melalui akta parlimen, Akta 101, 1973 bagi mengadakan faedah-faedah persaraan dan faedah-faedah lain kepada anggota lain-lain pangkat dan satu skim simpanan kepada pegawai-pegawai Angkatan Tentera Malaysia dan anggota kerahan dalam pasukan sukarela.

Lembaga Tabung Angkatan Tentera (LTAT)
Logo LTAT
Ditubuhkan
Ogos 1972
Ibu pejabat
Bangunan LTAT, Jalan Bukit Bintang, Wilayah Persekutuan Kuala Lumpur, Malaysia
Laman sesawang
www.ltat.org.my
Objektif Sunting
LTAT mempunyai dua objektif utama:

Objektif utama yang pertama ialah mengadakan faedah-faedah persaraan dan faedah-faedah lain untuk pegawai dan anggota lain-lain pangkat Angkatan Tentera Malaysia (ATM) dan satu skim simpanan untuk Anggota Kerahan Angkatan Sukarela.
Objektif utama yang kedua ialah melaksanakan program-program latihan peralihan bagi anggota angkatan tentera yang akan atau telah bersara.
Visi Sunting
Menjadi sebuah organisasi pengurusan dana yang berjaya dan dicontohi oleh badan-badan Kerajaan dan korporat.

Misi
Dasar Kualiti Sunting
LTAT adalah komited untuk menjadi sebuah organisasi berwibawa dan mencapai tahap pengurusan dana wang caruman anggota angkatan tentera yang tinggi bagi memenuhi ekspektasi pelanggan dari segi pemberian perkhidmatan dan pulangan wang caruman serta meningkatkan keberkesanan sistem pengurusan kualiti secara berterusan.

Caruman Sunting
Di bawah skim persaraan, pencarum wajib dikehendaki mencarum 10% daripada gaji bulanan kepada LTAT dan kerajaan akan mencarum sebanyak 15% sebagai majikan. Di bawah skim simpanan bagi pencarum sukarela simpanan dibenarkan sekurang-kurangnya RM25 sebulan sehingga had maksimum RM2,000 sebulan.

Piagam Pelanggan LTAT Sunting
Kami berjanji akan melaksanakan tanggungjawab dan memainkan peranan sebagai organisasi yang boleh dicontohi dengan memberikan perkhidmatan yang profesional dan mencapai satu standard kualiti yang cemerlang bagi menjamin keselesaan pencarum merangkumi perkara-perkara berikut:-

Mengurus kumpulan wang dan harta pencarum dengan cara yang paling cekap dan mematuhi urus tadbir korporat yang baik untuk mendapatkan pulangan yang sebaik-baiknya supaya nilai kumpulan wang dan harta ini terpelihara;
Pemberian kadar dividen dan bonus yang tinggi hasil dari strategi pelaburan yang cekap dan berhemah;
Memastikan sistem pengurusan kualiti kerja yang sesuai, mencukupi dan berkesan untuk mencapai kecemerlangan sistem penyampaian perkhidmatan.
Meningkatkan, mengenal pasti dan mewujudkan faedah-faedah baru untuk pencarum melalui konsep penambahbaikan berterusan;
Memenuhi dan mengenal pasti kehendak pencarum melalui Borang Kaji Selidik Tahap Kepuasan Pelanggan yang diedarkan kepada pencarum;
Pembayaran pengeluaran tamat perkhidmatan diproses dalam tempoh 24 jam daripada tarikh LTAT menerima dokumentasi dan maklumat yang lengkap; dan
Pembayaran pengeluaran perumahan diproses dalam tempoh 24 jam daripada tarikh LTAT menerima dokumentasi dan maklumat yang lengkap.
Masa Depan Sunting
Melalui perancangan strategik yang terperinci, LTAT telah berjaya melaksanakan pelbagai program bagi mencapai wawasan dan matlamat bagi mempertingkatkan kedudukan sosioekonomi anggota angkatan tentera yang sedang berkhidmat dan juga bagi mereka yang telah bersara.

LTAT akan meneruskan dasar dan strategi untuk mempelbagaikan portfolio pelaburannya. Walau bagaimanapun, penekanan akan diberikan ke atas sektor pembuatan, sektor pembangunan hartanah, dan sektor kewangan dan di dalam projek-projek penswastaan kerajaan.

LTAT dijangka dapat meneruskan pertumbuhan yang dinamik dan progresif dalam semua kegiatannya. LTAT juga akan menunaikan tanggungjawabnya untuk menguruskan tabungan pencarum dan aset-aset yang diamanahkan kepadanya dengan cara yang paling berkesan dan cekap supaya dapat memberikan pulangan yang sebaik mungkin, dan melindungi nilai dananya.

LTAT akan terus memberikan perkhidmatan yang cemerlang dan terus mengenalpasti dan mewujudkan faedah-faedah baru untuk pencarum-pencarumnya dan melaksanakan program-program sosioekonomi yang lebih inovatif untuk bekas anggota angkatan tentera.

Perbadanan Sunting
Perbadanan Perwira Niaga Malaysia (PERNAMA)

Perbadanan Perwira Niaga Malaysia atau PERNAMA, sebuah perbadanan milik penuh LTAT yang ditubuhkan dalam tahun 1983, mengendalikan rangkaian kedai-kedai runcit di kem-kem ATM di seluruh negara untuk menjual barangan pengguna, sebahagiannya bebas cukai, kepada anggota angkatan tentera dan keluarga mereka

Posted by eddy888 > 2020-05-01 15:23 | Report Abuse

莫实得是武装部队基金所控制的一家上市公司，旗下业务广泛，包括了上市又下市再上市的油棕（BPLANT)、地产(BS PROP)、药剂发马（PHARMA）、重工业如独家战艇制造(BHIC)、油站臂膀BH Petrol, 艾芬银行（AFFIN）和建筑相关工业等等，也控制着英国诺丁汉大学马来西亚分行的股权，和出名巧克力Cadbury四分一的股权。

Posted by jackfruit > 2020-05-01 15:28 | Report Abuse

Rent seeker mentality can perform meh...lol

Posted by Miz Raya Bloom > 2020-05-01 15:48 |

Post removed.Why?

Posted by Victor Yong > 2020-05-01 16:21 | Report Abuse

Boustead's pharmaniaga is going to make a lot soon, selling vaccine to hospitals :)

MODERNA Inc., one of the leaders among U.S. companies developing experimental vaccines against the coronavirus, entered a pact with Lonza Group AG aimed at manufacturing 1 billion doses a year.

The companies announced a global agreement under which the Swiss chemical and pharmaceutical company will ramp up output of the proposed vaccine, which is based on a novel technology that relies on genetic material called mRNA. The first batches will be produced in the U.S. in July, they said.

The agreement is one of several partnerships being struck between drugmakers as they rush to bring protection against Covid-19 to the market. On Thursday, AstraZeneca Plc announced an agreement to make an experimental coronavirus vaccine developed by the University of Oxford, eyeing production capacity for 100 million doses by the end of the year.

With dozens of projects under way around the world, the Trump administration wants to make shots available for Americans by the end of 2020. Scientists have said it could take longer to have a viable vaccine in place.

Moderna’s experimental shot induces the body’s own cells to make virus-like proteins that stimulate an immune response and prepare for an actual infection. It was one of the first proposed coronavirus vaccines to enter human trials. The company said it plans to begin the next phase of studies this quarter.

The pact with Lonza will enable a tenfold increase in manufacturing, which Moderna has already begun, according to a statement. - Bloomberg

Posted by Victor Yong > 2020-05-01 16:24 | Report Abuse

Boustead is a listed company controlled by the Armed Forces Fund. It has a wide range of businesses, including oil palm (BPLANT), real estate (BS PROP), PHARMA, and heavy industry such as exclusive warfare. Ship/Boat manufacturing (BHIC), gas station arm BH Petrol, Affin Bank (AFFIN) and construction-related industries, etc., also control the equity of the Malaysian branch of the University of Nottingham, UK, and a quarter of the equity of the famous chocolate Cadbury.

Posted by Victor Yong > 2020-05-01 16:26 | Report Abuse

It should fly higher on next Monday, fingers crossed :)

Board: MAIN
Sector: Industrial Products
Avg Volume (4 weeks): 0
4 Weeks Range: 0.41 - 0.515
52 Weeks Range: 0.345 - 1.29
Average Price Target: 0.90
Price Target Upside/Downside: +0.445

Posted by ivanlau > 2020-05-01 16:35 | Report Abuse

Golden Summit sifu buy call this stock from 90 cents . Now drop to 46 cents , those follower now really cry till no tears .............

Posted by eddy888 > 2020-05-01 16:50 | Report Abuse

Buy, next target 0.545

Posted by Hunkyman > 2020-05-01 18:43 | Report Abuse

Golden sifu or not .... many out there are fake

Posted by Victor Yong > 2020-05-01 19:29 | Report Abuse

Boustead could dispose some businesses in order to return some cash to LTAT and other substantial shareholders in 2020. Fingers crossed :)

Posted by Victor Yong > 2020-05-01 19:33 | Report Abuse

Probably 65sen by month-end, tumbled from RM1.29, at least recover half first before moving towards 90 Sen.

But we never know whether LTAT would privatise it in conjunction with KSWP or Khazanah at current fire sale price :)


52 Weeks Range: 0.345 - 1.29
Average Price Target: 0.90
Price Target Upside/Downside: +0.445

Posted by Victor Yong > 2020-05-01 23:35 | Report Abuse

Boustead Holdings Berhad (MYX: 2771) was founded in 1828 as Boustead & Co in Singapore by Edward Boustead, an English businessman. The company was incorporated in 1961 under the Kuala Lumpur, Singapore, Shenzhen and Shanghai stock exchanges.

After World War II, Malaya declared independence from the British (1957) and Singapore declared independence from Malaysia (1965). This saw Boustead & Co split into three entities in 1975, Boustead Plc in London (which was later reorganized as Boustead & Co), Boustead Holdings Berhad in Malaysia, Boustead Singapore Limited, and Boustead China Co, Ltd.

In 2008, Boustead has 133 subsidiaries of which 3 companies are listed and 16 associate companies, of which one is listed. It has total assets in excess of RM8 billion and more than 18,000 employees. The major shareholder of Boustead today is Lembaga Tabung Angkatan Tentera (LTAT) the Malaysian Armed Forces Pension Fund. The Boustead Group's operations and business activities can be categorised into six core business areas, namely Plantation, Heavy Industries, Property, Finance & Investment, Trading and Manufacturing & Services.

Boustead, through its Boustead Petroleum Marketing subsidiary, is also a major shareholder of BHP Petroleum, a chain of refilling stations inherited from BP in 2005 after BP's pullout from the Malaysian petrol retail business in 2004.[1]

Subsidiaries
Plantation
Boustead Plantations Berhad
Boustead Estates Agency Sdn Bhd
Boustead Telok Sengat Sdn Bhd
Boustead Rimba Nilai Sdn Bhd
Boustead Pelita Kanowit Sdn Bhd
Boustead Pelita Tinjar Sdn Bhd
Property
Boustead Properties Berhad
Mutiara Rini Sdn Bhd
Boustead Curve Sdn Bhd
Boustead Hotels and Resorts Sdn Bhd
Boustead Realty Sdn Bhd
Boustead Weld Court Sdn Bhd
Bakti Wira Development Sdn Bhd
Mecuro Properties Sdn Bhd
Asta Canggih Sdn Bhd
Pharmaceutical
Pharmaniaga Berhad
Pharmaniaga Logistics Sdn Bhd
Pharmaniaga Marketing Sdn Bhd
Pharmaniaga Manufacturing Sdn Bhd
Idaman Pharma Manufacturing Sdn Bhd
Pharmaniaga Life Science Sdn Bhd
Pharmaniaga Research Centre Sdn Bhd
Pharmaniaga Biomedical Sdn Bhd
PT Millennium Pharmacon International
Heavy industries
Boustead Heavy Industries Corporation Berhad
Boustead Penang Shipyard Sdn Bhd
Boustead Naval Shipyard Sdn Bhd
MHS Aviation Berhad
Boustead Atlas Hall Sdn Bhd
Dominion Defence & Industries Sdn Bhd
BHIC Navaltech Sdn Bhd
Wavemaster Langkawi Yacht Centre Sdn Bhd
BHIC Defence Techservices Sdn Bhd
BHIC Electronics & Technologies Sdn Bhd
Atlas Defence Technology Sdn Bhd
Trading and industrial
UAC Berhad
Boustead Petroleum Marketing Sdn Bhd
Boustead Engineering Sdn Bhd
Boustead Building Materials Sdn Bhd
Boustead Sissons Paints Sdn Bhd
Boustead Global Trade Network Sdn Bhd
Boustead-Castrol Sdn Bhd
Finance and investment
Boustead Credit Sdn Bhd
Boustead Travel Sdn Bhd
Boustead Shipping Agencies Sdn Bhd
Boustead Cruise Centre Sdn Bhd
Private University
The University of Nottingham in Malaysia Sdn Bhd

Posted by nextundervaluestock > 2020-05-02 09:01 | Report Abuse

Bstead ( 2771 )

Summary
Bstead Current Market Cap 922m

20.73% Affin Share Holding = 625.8m
65% BHIC Share Holding = 117m
57.42% Bplant Share Holding = 366m
56.09% Pharma Share Holding = 256.33m

The shareholding in these 4 listed companies already valued more than 1.365 b

And Bstead current market cap 922m ? ?

0.455 Share Price = 922m

Consider a discounted value of 1.2b

0.590 Share price = 1.2b

Follow us for more information regarding this stock in our telegram channel. Search Next Undervalue Stock in telegram

Disclaimer : Trade at your own risk

Posted by Victor Yong > 2020-05-02 12:37 | Report Abuse

Its share price will accelerate next Monday, very likely :)


@nextundervaluestock Bstead ( 2771 )

Summary
Bstead Current Market Cap 922m

20.73% Affin Share Holding = 625.8m
65% BHIC Share Holding = 117m
57.42% Bplant Share Holding = 366m
56.09% Pharma Share Holding = 256.33m

The shareholding in these 4 listed companies already valued more than 1.365 b

And Bstead current market cap 922m ? ?

0.455 Share Price = 922m

Consider a discounted value of 1.2b

0.590 Share price = 1.2b

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Posted by Najib Zamry > 2020-05-02 23:28 | Report Abuse

https://klse.i3investor.com/blogs/tradevsa_stock_ideas/2020-05-02-story-h1506876445-Accumulation_in_Oil_Gas_Ready_for_change_of_trend.jsp

Posted by Victor Yong > 2020-05-04 08:02 | Report Abuse

Let's see today :)

@nextundervaluestock Bstead ( 2771 )

Summary
Bstead Current Market Cap 922m

20.73% Affin Share Holding = 625.8m
65% BHIC Share Holding = 117m
57.42% Bplant Share Holding = 366m
56.09% Pharma Share Holding = 256.33m

The shareholding in these 4 listed companies already valued more than 1.365 b

And Bstead current market cap 922m ? ?

0.455 Share Price = 922m

Consider a discounted value of 1.2b

0.590 Share price = 1.2b

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02/05/2020 12:37 PM

Posted by Victor Yong > 2020-05-04 08:40 | Report Abuse

Now, umno leader grabbed the chairman post of Boustead already. Maybe, millionaires of umno BN will help to buy more Boustead shares to prove that the political appointment has Investors' support :)

Wait and see.

Posted by Victor Yong > 2020-05-04 08:47 | Report Abuse

LTAT
No of Shares Held After Changes:
Direct : 1,204,752,018 shares (59.4360%)
Total : 1,204,752,018 shares
Remarks:
The total number of 1,204,752,018 ordinary shares comprising of the
following:-1. LTAT - 1,204,477,218 shares2. Maybank Nominees - 135,000 shares3.
SSBT - 139,800 shares
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

14/01/2020 07:00 AM


EPF
No of Shares Held After Changes:
Direct : 101,097,148 shares (4.9880%)
Total : 101,097,148 shares
Remarks:
The total number of 101,097,148 ordinary shares comprising of the
following:-1. EPF - 96,026,678 shares2. EPF AH - 5,067,470 shares
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

13/01/2020 07:00 AM

Posted by Victor Yong > 2020-05-04 08:49 | Report Abuse

:)

Date Close

MAY 4. ?????
30/04/2020 0.455
29/04/2020 0.435
28/04/2020 0.44
27/04/2020 0.455
24/04/2020 0.46
23/04/2020 0.47
22/04/2020 0.46
21/04/2020 0.47
20/04/2020 0.45

Posted by Keyman188 > 2020-05-04 09:06 | Report Abuse

Bstead really coming...

Retest 0.515 soon..........

Posted by Victor Yong > 2020-05-04 09:07 | Report Abuse

So early, about 1.5mil shares traded. This is the stock of the day probably

Posted by Victor Yong > 2020-05-04 09:08 | Report Abuse

1.7mil shares+ traded rising volume and price :)

Posted by Keyman188 > 2020-05-04 09:10 | Report Abuse

Crazy...strong buying interest during bear market...

Posted by Victor Yong > 2020-05-04 09:12 | Report Abuse

Share price jumped to 47sen :)

Posted by Victor Yong > 2020-05-04 09:14 | Report Abuse

Crazy ~3mil shares traded

Posted by Victor Yong > 2020-05-04 09:15 | Report Abuse

Price continues to fly 47.5sen

Posted by Victor Yong > 2020-05-04 09:22 | Report Abuse

Baru warm up 3.4mil shares traded :).