About Boustead Holdings Berhad

Boustead Holdings Berhad engages in diversified business operations such as Plantation, Finance & Investment, Property, Manufacturing & Trading and Service industry and Education. Plantation Division Plantation division main activities include planting and processing of oil palm, rubber, forestry and also oil bulking installations operation. The Group's plantation interest is held through its subsidiaries on Bursa Malaysia, i.e. Boustead Holdings Berhad and Boustead Properties Berhad and Boustead Plantations Berhad. Finance and Investment The company’s finance and investment services include hire purchase and housing loans, corporate finance and banking services, loan syndication, and treasury operations. The Company's subsidiary, Affin Holdings Berhad, is an investment holding company that offers a range of financial services. Affin Holdings Group of Companies comprises Affin Bank Berhad, Affin-ACF Finance Berhad, Affin Merchant Bank Berhad, Affin Discount Berhad, Affin Securities Sdn Bhd, Affin-ACF Holdings Berhad, Affin Moneybrokers Sdn Bhd, Affin Fund Management Sdn Bhd and AXA-Affin Assurance Berhad. Affin Bank Berhad, has a network of more than 84 branches throughout Malaysia. Affin-ACF Finance Berhad is a licensed finance company. Through its network of 46 branches, it offers mainly hire-purchase and housing loans. Affin Merchant Bank Berhad, Malaysia’s oldest merchant bank, offers corporate finance and banking services, loan syndication and treasury operations. Boustead Credit Sdn Bhd is a credit company offering hire purchase and leasing products. Its main business activities are in hire purchase of motor vehicle and leasing and consumer credit. The company operates in 4 locations in Brickfields and Selayang in Kuala Lumpur, Skudai in Johor Bahru and Perai in Butterworth. Property Boustead’s property activities include property development of residential and commercial properties for sale, and property investment and Hotel Operations. This Division's property development projects are located in Taman Mutiara Rini, Skudai, Johor; Mutiara Damansara, Petaling Jaya, Selangor; and Taman Jernih, Bukit Mertajam, Pulau Pinang. Residential Development: The Company has developed 461 units of double storey terrace houses in Mutiara Damansara. The 461 units of terrace houses were completed and handed over to the houseowners in 2002. Mutiara Damansara launched 376 units of condominiums with a density of 40 units per acre in March 2004. These condominiums have facilities such as security, swimming pools, gym, landscaped gardens and covered carparks, amongst others. Commercial Development - The CURVE The Curves is a focal point for Klang Valley residents is taking shape in Mutiara Damansara. It covers an area of 60 acres shopping destination with names such as IKEA, Tesco and Cineleisure Damansara. The three major anchors would surround a pedestrian mall, i.e. the Curve comprising 120 shops designed with various floor sizes, nooks and corners as well as fresco dining courtyards. The pedestrian mall allows a central stage for music festivals, classical concerts, and other live performances. IKEA, which operates more than 160 stores in 29 countries, and has a work force of 55,000, is a home furnishing retailer. The Tesco Group is a United Kingdom food retailer with group sales exceeding RM115 billion. Tesco operates 845 stores in 9 countries. Cineleisure Damansara has 60 lane bowling alley, cineplexes, disco, video arcade and entertainment related retail outlets similar to the Cineleisure Complex in downtown Orchard Road, Singapore. Taman Jernih is a 36 acre development in Bukit Mertajam, Pulau Pinang which is being developed jointly with the Keppel Group of Singapore. Hotel The Company's Royale Bintang Hotel is a four star hotel situated in Kuala Lumpur's tourist and shopping belt of Jalan Bukit Bintang. The hotel is located adjacent to a 2.8 acre piece of land which the Group would be redeveloping into an entertainment cum shopping centre. The Company's other investment properties comprise residential bungalows and industrial warehouses across the country. Manufacturing Boustead Group has substantial interests in various manufacturing concerns such as Boustead Sissons Paints Sdn Bhd, UAC Berhad, Kao (Malaysia) Sdn Bhd and Cadbury Confectionery Malaysia Sdn Bhd Boustead Sissons Paints Sdn Bhd: operates as a paint manufacturer in Malaysia. The company specializes in the manufacturing and marketing of architectural and protective coatings. It also offers the Omnicolor Computerised Tinting System which tints infinite choice of colours with great accuracy and is available nationwide through the dealership network. It has extensive distribution network nationwide and also channels businesses to institution and trade sectors. Its latest product offering includes Hygiene Coatings, a specialty coating licensed from Liquid Plastics Limited, UK and Insulfilm, a roof coating that includes technology for reducing heat, temperature and water proofing. UAC Berhad: operates as a producer of construction materials, notably fibre cement building products. UAC's fibre cement boards are used for ceiling and cladding applications whilst its fibre cement corrugated sheets are used for roofing. UAC also produces and markets roofing sheets and cladding made of metal. In addition, the Company manufactures polyethylene pipes and fittings, markets steel pipe connectors and flanges, as well as manufactures and installs steel roof truss systems. UAC also holds the sole distributorship and license of the Reflange trademark in Malaysia, Singapore, Thailand, Brunei, the Philippines and Vietnam. Kao (Malaysia) Sdn Bhd is a joint venture with Kao Corporation of Japan markets toiletries and household consumer products. Cadbury Confectionery Malaysia Sdn Bhd produces major brands of chocolate and sugar confectionery for the Malaysian market. Trading Boustead Global Trade Network Sdn Bhd (BGTN) engages in the marketing, warehousing and distribution of prestigious branded consumer products, which are manufactured both locally and abroad. Its infrastructure, comprising branch offices and fully integrated warehousing facilities are strategically located in the market centres to better serve its customers. BGTN engages in the provision of general insurance services. In insurance services, BGTN is the principal agent for Royal & Sun Alliance Insurance (M) Berhad and AXA-Affin Assurance (M) Bhd. Boustead Engineering Sdn Bhd operates as a specialist in mechanical handling and conveying systems and participates actively in turnkey airports/seaports projects. The company also distributes a range of engineering products, such as wheel loaders, conveyor/elevator chain, transmission chain, pvc/rubber belting, weighbridges and weighing equipment, hydraulic dock levellers, diesel powered generating sets and other materials handling equipment and raw food and industrial chemicals. Boustead Building Materials Sdn Bhd operates as a distributor of building and construction materials in Malaysia. The Company offers a range of building and construction materials manufactured by local manufacturers as well as imported from overseas such as ceramic tiles, steel bars, cement, paints, sanitaryware & fittings, cement fibre ceiling, BRC, roof tiles, Armstrong mineral fibre ceilings and insulation products. Drew Ameroid (M) Sdn Bhd is a joint venture business set up for the distribution of industrial water treatment chemicals and systems. Service Industry The Company's services include travel and tour related services, such as air tickets, hotel accommodations, and tour packages. The company’s shipping services include integrated shipping services, such as agency, cargo broking, warehousing, customs forwarding, NVOCC, freight forwarding, airfreight services, marine survey, and hydrography. Boustead Travel Services Sdn Bhd operates as oldest travel agencies in Malaysia with its travel related activities. Boustead Emasewa Sdn Bhd is the own car rental agency. The company is the franchise holder of National Car Rental and operates a chain of branches in Kuala Lumpur, Penang, Alor Setar and at KLIA. Boustead Information Technology Sdn Bhd (BIT) operates as a major Solution Provider and System Integrator for the Plantation System for over a decade. The company has more than 400 installation bases in the plantation industry within Malaysia and Indonesia. BIT's business is diversified into areas such as Hardware and Network Infrastructure, other Software solutions like Enterprise Resource Planning, Property Management System, Databases, Web Hosting and Web Development, Outsourcing and Information Technology Advisory Services and mobile computing software on the Pocket PC platform for Mobile Sales Force and Plantation PDA modules. Asia Smart Cards Centre (M) Sdn Bhd operates as an associate in the Group. The company is a Proton World International (PWI) certified personalization centre for Smart Chip cards. Shipping Boustead Shipping Agencies Sdn Bhd provides an integrated shipping service encompassing full agency, cargo broking, warehousing, customs forwarding, NVOCC, freight forwarding, air freight services, marine survey and hydrography. Shipping has a network of 17 offices in Malaysia, Brunei and Singapore and is manned by over 140 experienced and qualified staff. It has an extensive overseas network of associated agents in all the five continents. Cargo Freight Shipping Sdn Bhd provides agency work for Appenship and Pakistan National Shipping Corporation. Education Services The Company established University of Nottingham in Malaysia. The Campus offers undergraduate and postgraduate programmes identical to those at Nottingham in Engineering, Business and Management and Computer Science and Information Technology with many of its teaching staff from the UK.

Country
Industry:
Durable Goods, not elsewhere classified
Founded:
1828
IPO Date:
01/02/1992
ISIN Number:
I_MYL2771OO003
Address:
The Bousteador, Level 23, No. 10 Jalan PJU 7/6, Mutiara Damansara, Petaling Jaya, Selangor, 47800, Malaysia
Phone Number
60 3 2141 9044

Key Executives

CEO:
Bin Daud, Izaddeen
CFO
Bin Ismail, Fahmy
COO:
Data Unavailable