Boustead

Broker's Calls

CGS-CIMB reiterates Boustead Singapore at 'add' and $1.40

Ong expects the company to maintain its strong order backlog to sustain revenue momentum in the current 2HFY2024

M&A

Metro acquires two properties in Singapore and Australia, appoints Ascott to manage Indonesia serviced residences

Metro has acquired two additional properties in Singapore for about $150 million, and appoints Ascott to manage its Indonesia SRs.

Results

Boustead Singapore posts 26% growth in 3Q earnings to $9.5 mil

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.

Boustead Projects signs new deal with Guangdong New Co-Op to expand in China

SINGAPORE (Sept 26): Boustead Projects on Monday signed a new agreement with Guangdong New Co-operative Agricultural Products Wholesale Centre Investment (Guangdong New Co-op) to expand its presence in the China market.
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