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THE senior management of Boustead Holdings Bhd, led by managing director Datuk Seri Mohammed Shazalli Ramly, is understood to be exploring the possibility of a management buyout (MBO) of the diversified conglomerate that owns a bank, a pharmaceutical company and oil palm plantations, among others, say two sources familiar with the matter. “It’s being talked about, I am sure. From what I know, the biggest obstacle is obtaining funding [for the MBO endeavour]. It has been sorted out, so there is a possibility it [the MBO] could happen,” says one of them.

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