Welcome!
Boustead Projects
Broker's Calls
Boustead Singapore set for another good year: CGS-CIMB
CGS-CIMB anticipates a special DPS of 7 cents for FY21 following Boustead Project's value-unlocking exercise.
March 19, 2021
Funds
Boustead Projects launches Boustead Industrial Fund, completes divestment of 14 properties
The fund has been seeded with 14 properties with a total market valuation of $511.3 mil.
March 04, 2021
Funds
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.
January 01, 2021
Broker's Calls
CGS-CIMB maintains 'buy' for Boustead Singapore and Boustead Projects with raised target prices
CGS-CIMB has maintained “buy” calls for both Boustead Singapore and Boustead Projects with target prices of $1.20 and 95 cents.
November 19, 2020
Results
Boustead Singapore reports 76% surge in 1H earnings to $21.8 mil on stable y-o-y revenue and better gross margins
The board has declared an interim dividend of 1 cent per share for the period, same as the year before.
November 13, 2020
Company in the news
Boustead stays the course
Property and engineering group Boustead Singapore is tackling one of the worst crises in its history — the Covid-19 pandemic.
September 11, 2020
Company in the news
Passing the Boustead baton
But as Wong turns 77 this year, his time at the helm of the company may be drawing closer to the end.
September 11, 2020
Company in the news
Boustead Projects subsidiary receives legal letter on civil and associated works damages from Veolia ES
Boustead Projects E&C says it is currently seeking formal legal advice on the matter, but it intends to “vigorously dispute” Veolia’s “unreasonable” claim.
September 04, 2020
Broker's Calls
Strong demand to drive growth for Boustead Singapore
Strong demand to drive growth in Boustead Singapore
July 15, 2020
Broker's Calls
Boustead Projects to unlock significant value despite slow recovery ahead
CGS-CIMB Research has maintained its “add” recommendation on Boustead Projects Limited (BP) with a lower target price of 88 cents, compared to 93.1 cents previously.
July 15, 2020