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An MBO on the cards at Boustead?

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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Boustead appoints ex-minister Redzuan as chairperson

Group believes his vast experience will elevate Boustead to a new height. ....

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Boustead Holdings appoints Mohd Redzuan as chairman

Boustead Holdings appoints Mohd Redzuan as chairman
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Boustead narrows Q2 net loss to RM7.3m on improved performance across all divisions | Money

KUALA LUMPUR, Aug 27 Boustead Holdings Bhd narrowed its net loss to RM7.3 million in the second quarter ended June 30, 2021 compared with a net loss of RM73.7 million a year ago amid an improved performance from all divisions within the group. The company, one of Malaysia’s. ....

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Boustead Berhad to sell its 66% stake in University of Nottingham Malaysia for $44m

Boustead Berhad to sell its 66% stake in University of Nottingham Malaysia for $44m
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

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