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Boustead Singapore
Contracts
Boustead International Heaters secures contract worth $31 mil
The latest contract has raised Boustead’s engineering order backlog to $587 million.
August 22, 2023
Contracts
Boustead Singapore’s 88.2%-owned Australian business unit awarded landmark A$48 mil geospatial contract
The contract is expected to have a positive material impact on Boustead’s profitability and EPS for the FY2024.
July 25, 2023
Results
Boustead Singapore's 2HFY2023 earnings up 145% y-o-y to $22.7 million
The company has proposed a final dividend of 2.5 cents per share.
May 26, 2023
Results
Boustead Projects posts earnings of $10.7 million in 2HFY2023, up 97% y-o-y
Boustead Projects is proposing a final dividend of 0.7 cents per share and special dividend of 0.7 cents per share.
May 25, 2023
Broker's Calls
CGS-CIMB analysts reshuffle ESG stock picks to include OCBC, remove ComfortDelGro and DBS
CGS-CIMB Research analysts say that their ESG portfolio has outperformed the STI and SGXSULE by 25% and 26%.
May 11, 2023
Offer
Boustead Projects seeks three-month extension to comply with free float rule
Boustead Projects adds that Boustead Singapore is “exploring various options” to comply with the listing rules.
April 05, 2023
Offer
SGX RegCo says Boustead Projects has to restore free float
SGX RegCo, on March 22, stressed its position in response to the queries it received for the offer on Boustead Projects.
March 22, 2023
Offer
Boustead Projects to be delisted after losing free float
Trading of shares in Boustead Projects has been suspended.
March 20, 2023
Offer
Boustead Projects' IFA PrimePartners calls privatisation offer 'not fair' but 'reasonable'
PPCF values Boustead Projects at between $1.17 and $1.38 per share.
March 13, 2023
Company in the news
Boustead Singapore revises privatisation offer for subsidiary Boustead Projects to 95 cents
The revised offer price of 95 cents is below Boustead Projects' last traded price of 99 cents
February 22, 2023