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Boustead Projects establishes Boustead Industrial Fund

Felicia Tan
Felicia Tan • 3 min read
Boustead Projects establishes Boustead Industrial Fund
Assuming that the proposed transactions had been completed on March 31, 2020, the company's EPS would have been at 45.8 cents.
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Boustead Projects has established a private business trust, Boustead Industrial Fund, in Singapore on Dec 31, 2020.

The fund has an investment mandate to invest in, administer and manage certain investments in logistics, business parks and industrial properties, to achieve a stable flow of recurring income and capital growth for its unitholders.

The fund manager is Boustead Projects’ wholly-owned subsidiary Boustead Industrial Fund Management, the trustee of Boustead Industrial Fund is Perpetual (Asia) Limited.

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