Posted by davidkkw79 > 2020-07-06 16:28 | Report Abuse

Dont touch tabung haji punya counters, they are well known in lousy company management

Posted by angelo > 2020-07-09 08:17 | Report Abuse

DON'T TOUCH THIS COUNTER. YOU ALL HAVE NO IDEA HOW SERIOUS ARE THE PROBLEMS FACED BY ITS ASSOCIATED COMPANY BNS FOR LCS PROJECT. CREDITORS WILL START SUING FOR DEBTS OWED! TRUST ME BECAUSE I KNOW AND I CAN'T DISCLOSE ANY INFORMATION HERE.

Posted by angelo > 2020-07-09 08:22 | Report Abuse

Victor Yong This company no more in oil n gas business. The O & G Division has been closed after Petronas terminated and withdraw its license.

Posted by Heman01 > 2020-07-14 10:49 | Report Abuse

Debts are Extravaganza. Will dive further

Posted by angelo > 2020-08-03 23:15 | Report Abuse

https://www.theedgemarkets.com/article/boustead-rm9b-warship-project-delay-mindef-mulls-salvaging-two-six-vessels

Posted by angelo > 2020-08-11 12:29 | Report Abuse

Pls avoid this counter. Company having difficulty in paying staff salaries already.

Posted by angelo > 2020-08-29 08:05 | Report Abuse

Staff salaries (for those earning RM5,000 n above) for the month of July 2020 were paid in 2 portions, 50% at the end of July 2020 n the balance 50% in the 1st week of August 2020. The staff salaries for the month of August 2020 will be the same method. As for Sept 2020, will have to wait n see.

Posted by DJThong > 2020-11-20 08:25 | Report Abuse

It has a lousy board. No industry experience providing zero steer. Now not paying staff - useless.

Posted by angelo > 2020-11-27 18:33 | Report Abuse

https://www.theedgemarkets.com/article/bhic-reports-possible-irregularities-its-rm9b-littoral-combat-ship-project-macc

Posted by angelo > 2020-11-28 14:52 | Report Abuse

Condom004. How to fly when UJSB has to dispose all of its share holdings? Anyway, pls stay away from this counter. More bad news to come in the near future.

Posted by freddiehero > 2020-12-03 08:38 | Report Abuse

aduh.. better faster made payment to daya lo.. u c my daya Jam Sana kuat lama.. bayar la hutang.. kakaka..

Posted by freddiehero > 2020-12-03 08:41 | Report Abuse

Anti-Corruption Commission on possible irregularities found in the latter's associate company, Boustead Naval Shipyard Sdn Bhd (BNS).

Posted by freddiehero > 2020-12-03 08:41 | Report Abuse

The project, comprising an order for six LCS to be constructed for the Royal Malaysian Navy, was awarded to BNS by the Ministry of Defence in 2011.

According to news reports, the first ship from the project should have been delivered in April 2019. However, not even one ship had been completed so far, although the Government had paid BNS RM6 billion.

Posted by freddiehero > 2020-12-03 08:43 | Report Abuse

kesian le my daya, bikin aircon duit also want hutang lama lama ka..

Posted by freddiehero > 2020-12-03 08:48 | Report Abuse

3. Littoral Combat Ships Project
Included in Note 5, Note 19 and Note 20 to the financial statements are revenue of RM7,413,000,
receivable of RM7,961,000 and contract liabilities of RM 6,020,000 respectively generated from the
Littoral Combat Ships Project.
On 25 September 2015, Daya OCI Sdn. Bhd. (“DOCI”) was appointed as the subcontractor to
supply heating ventilation and air conditioning (HVAC) system for six units of Littoral Combat Ships
(“LCS Project”).
(a) The LCS project was suspended in January 2020 due to non-payment from the customer.
The management is of the view that total amount receivable from this customer amounting to
RM7,961,000 as at the end of the reporting period is recoverable and no expected credit loss
is required.
(b) The allocation of the budgeted and actual costs for the LCS Project have not been
appropriately allocated to the six separate performance obligations in accordance with MFRS
15 Revenue from Contract with Customers.
As a result of the above matters, we were unable to obtain sufficient appropriate audit evidence to
conclude that the closing balance of amount receivable from the customer and any consequential
expected credit loss, the opening and closing contract balances and the contract revenue relating to
the LCS Project have been appropriately recognised in the financial statements during the financial
period.

Posted by freddiehero > 2020-12-03 08:57 | Report Abuse

Wat a joke? government pay RM 6bil , no 1 ship handover?

Posted by angelo > 2021-03-02 14:19 | Report Abuse

PN17 in the making.

Posted by Parksonguy > 2021-04-21 08:16 | Report Abuse

Already 4month still cannot come out with quarter report.

Posted by Parksonguy > 2021-04-22 02:12 | Report Abuse

Please cincai cincai made 6 sampan then give to government to clear 6billions debt. You got how many ship in government no one care. If really war with singapore also 100% loose. Extra 6ship no different. Build sampan to clear account can liao

Posted by Sipekhuat > 2021-06-01 00:40 |

Post removed.Why?

Posted by warchest > 2021-06-05 16:42 | Report Abuse

My new article on Boustead Holdings Bhd. Hope it could add value to all the i3 members. Stay safe Guys

https://klse.i3investor.com/blogs/TimelessInvestment/2021-06-05-story-h1566073244-Boustead_Holdings_Bhd_BHB_A_Turnaround_Story.jsp

Posted by DickyMe > 2021-09-10 19:41 |

Post removed.Why?

Posted by Icon 888 > 2021-11-25 03:19 | Report Abuse

Bossku

Posted by rr1688 > 2022-06-20 20:42 | Report Abuse

king of the day...

Posted by StartOfTheBull > 2022-08-13 21:11 | Report Abuse

https://m.malaysiakini.com/columns/631884

Posted by EatCoconutCanWin > 2022-08-27 08:42 | Report Abuse

Bapak kepala rasuah.

Posted by dashengyong82 > 2022-11-30 16:52 | Report Abuse

Boustead Holdings Bhd has appointed Izaddeen Daud as group chief executive officer effective Dec 1, 2022, succeeding Datuk Seri Mohamed Shazalli Ramly.

Shazalli, who was appointed on Dec 1, 2020, has completed his tenure after two years of service.

In a statement, Boustead said Izaddeen’s appointment was in line with the Boustead Group’s Senior Leadership Succession Programme. Prior to his appointment, Izaddeen, 54, was Boustead’s deputy group managing director

Posted by dashengyong82 > 2022-11-30 16:52 | Report Abuse

Boustead chairman Datuk Seri Mohd Redzuan Md Yusof said: “The board has agreed to appoint Izaddeen, who has huge experience and an excellent track record in the corporate sector.“

“He has the board’s full support to lead the group in strengthening the existing core businesses and developing new ventures that will further increase the shareholder value and take Boustead to new heights,” he said.

Izaddeen holds a Bachelor of Science (Hons) in Accounting and Law from De Monfort University, Leicester, the UK.

Posted by DickyMe > 2022-11-30 16:59 | Report Abuse

Most educated people are trained to be thieves. What a shame.
They are smug and claim it is the smart way of making money, ie scamming.

Posted by tedoptimus > 2023-02-03 21:28 | Report Abuse

用数据预测BHIC 2022Dec 的业绩
https://youtu.be/x1CMXAxqTaE

Posted by angelo > 2023-03-02 17:57 | Report Abuse

Becareful, PN17 in the making.

Posted by calvintaneng > 2023-03-02 21:53 | Report Abuse

Boustead a high debt laden co

Boustead group of companies

Affin bank
Bplant
Bhic
Pharmaniaga

Affin Bank
Under bank negara control

Already paid 30 sen dividend to help Boustead but insufficient

Pharmaniaga
In deep impairment due to unsold vaccines
Payables caused losses and triggered Pn17
And the sell down

Bhic
Another lemon

Bplant
This is the golden goose
Lands of 220,000 acres worth multiple billions if sold to unlock cash and ultimate helper of last resort

Verdict is go buy bplant and hold