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Boustead Projects
Results
Revenue for Boustead Singapore fall 27% in 1HFY23, but earnings climb 6%
Despite the fall in revenue, the company has declared a dividend of 1.5 cents per share.
November 11, 2022
Results
Boustead Projects reports 30% y-o-y earnings jump for 1HFY2023
The company's order book is now $452 million
November 10, 2022
Contracts
Boustead Projects awarded $300 mil design-and-build contract by Fortune 500 corporation
The contract is said to be the largest on record for the company.
July 18, 2022
Property
Boustead Projects subsidiary acquires 28 & 30 Bideford Road for $515.0 mil
The acquisition is expected to have a material effect on the group’s EPS for the FY2023 ending March 31, 2023.
June 24, 2022
Broker's Calls
CGS-CIMB lowers TP for Boustead Projects due to escalating cost pressures
CGS-CIMB lowers TP for Boustead Projects due to escalating cost pressures
June 10, 2022
Property
Boustead Projects to acquire, develop and own logistics and industrial properties in Vietnam for $39.1 mil
The strategic collaboration will strengthen Boustead Projects’ business presence in Vietnam, says the company.
May 05, 2022
Results
Boustead Projects reverses into the black with earnings of $5.9 mil in 1HFY2022
Looking ahead, Boustead Projects says it expects to remain profitable for the FY2022.
November 11, 2021
Company in the news
Boustead Projects to acquire mezzanine debt of property group
Closing of the NPA is expected to take place on Aug 13.
August 12, 2021
Broker's Calls
Boustead Projects’ investment in Vietnam property fund is a step towards next leg of growth: CGS-CIMB
CGS-CIMB says the acquisition provides more clarity on how Boustead Projects plans to utilise its significant cash holdings.
June 03, 2021
M&A
Boustead Projects signs option to purchase 49% stake in Vietnam real estate fund co-sponsored by KTG for $17 mil
The Vietnam logistics and industrial fund will be seeded with 13 assets, including Boustead Industrial Park Phases 1, 2A and 2B.
June 02, 2021