By Ying Xian Wong Boustead Plantations shares jumped early Friday after Kuala Lumpur Kepong offered to buy a 33% stake in the former. Shares in the Malaysian.
Boustead Heavy Industries reported that it has agreed to sell a 20 percent stake in its shipyard operation to the Malaysian government as the latest s.
SINGAPORE/KUALA LUMPUR :Malaysian palm oil firm Kuala Lumpur Kepong Berhad said on Thursday it plans to buy a 33per cent stake in Boustead Plantations and eventually take over the smaller rival along with other top shareholders, in a deal valuing the company at 3.47 billion ringgit (US$748 million). The stake
SINGAPORE/KUALA LUMPUR : Malaysian palm oil firm Kuala Lumpur Kepong is buying a stake of more than 30 per cent in smaller peer Boustead Plantations from conglomerate Boustead Holdings, local media The Edge and New Straits Times reported on Thursday.Shares of Boustead Plantations, which has a market capit