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KUALA LUMPUR: Boustead Holdings Bhd (BHB) has redesignated the group’s non-independent non-executive chairman Datuk Ahmad Nazim Abd Rahman as executive chairman effective today, to spearhead its restructuring.
SHAH ALAM - Selepas beberapa hari kontroversi berhubung perolehan kontrak kapal tempur pesisir (LCS), Tentera Laut Diraja Malaysia (TLDM) mengundang reaksi pelbagai, Ketua Pegawai.
THE senior management of Boustead Holdings Bhd, led by managing director Datuk Seri Mohammed Shazalli Ramly, is understood to be exploring the possibility of a management buyout (MBO) of the diversified conglomerate that owns a bank, a pharmaceutical company and oil palm plantations, among others, say two sources familiar with the matter. “It’s being talked about, I am sure. From what I know, the biggest obstacle is obtaining funding [for the MBO endeavour]. It has been sorted out, so there is a possibility it [the MBO] could happen,” says one of them.