Boustead Projects

SINGAPORE (Sept 26): Boustead Projects says it will remove all cladding from the external walls of its subsidiary’s wholly-owned leasehold property at 10 Tukang Innovation Drive, as instructed by the Singapore Civil Defence Force (SCDF).

SINGAPORE (Sept 7): Boustead Projects’ wholly-owned subsidiary, BP-UMS has entered into a sale and purchase agreement for the sale of the leasehold interest in the land and buildings at 25 Changi North Rise for $10.5 million.

SINGAPORE (Aug 23): Boustead Projects today announced that its wholly-owned subsidiary, Boustead Projects E&C, has secured a design-and-build contract from Yusen Logistics for the redevelopment of an existing logistics facility in Tuas.

SINGAPORE (Aug 8): Real estate group Boustead Projects announced a 5% fall in 1Q18 earnings to $5.8 million from $6.1 million a year ago on lower revenue.  

SINGAPORE (July 7): As one of Singapore’s oldest companies, Boustead Singapore has cycled through numerous businesses including commodity trading, tin smelting, shipping and the distribution of consumer goods.

SINGAPORE (June 8): Boustead Projects E&C, a subsidiary of Boustead Projects, has won a design-and-build contract from Veolia ES Singapore Industrial for a hazardous chemical waste treatment facility in Tuas.

SINGAPORE (May 23): Here are some stocks to watch this Tuesday morning:

SINGAPORE (May 22): Boustead Projects, the specialist in real-estate solutions, reported 4Q earnings more than doubled to $14.3 million from $5.4 million a year ago.

SINGAPORE (March 27): CIMB is initiating coverage of Boustead Projects with $1.04 target price, for its attractive valuation, net cash position and possible REIT launch.

SINGAPORE (Feb 10): Boustead Singapore, the global infrastructure-related engineering services and geo-spatial technology group, has announced earnings of $9.5 million for the third quarter ended Dec 31, 26% higher from $7.5 million a year ago.