Boustead Projects

Offer

Boustead Singapore closes exit offer for Boustead Projects shares

Following completion of the exit offer, Boustead Projects will be mandatorily delisted from the official list of the SGX-ST.

Offer

Boustead Singapore extends offer closing date to Jan 10, 2024

The offer was extended from Dec 27 previously.
Boustead Singapore receives exit offer acceptances totalling 7,230,809 shares in Boustead Projects - THE EDGE SINGAPORE

Offer

Boustead Singapore receives exit offer acceptances totalling 7,230,809 shares in Boustead Projects

Shares owned or agreed to be acquired in Boustead Projects by Boustead Singapore now amount to 97.79% of the total.

M&A

Boustead Projects' joint venture set to acquire Vietnamese company Minh Quang for US$10.7 million

KBIL intends to develop a land lot with an area of 136,450 sqm in Vietnam that will be handed over to Minh Quang in 2H2024.

Company in the news

SGX RegCo approves Boustead’s request for extension on exit offer

Boustead will have to provide a progress update within two weeks of the extension approval on Oct 17.

Offer

Boustead Singapore seeks extension to provide exit offer details

SGX has asked both Boustead Singapore and Boustead Projects to let them know their proposal on the exit offer by Oct 26.

Regulatory Action

SGX RegCo issues notice of compliance to Boustead and Boustead Projects

The company must notify the exchange on its exit offer proposal no later than one month from Sept 26.
Boustead Singapore is 'big, bold and beautiful', says OCBC - THE EDGE SINGAPORE

Broker's Calls

Boustead Singapore is 'big, bold and beautiful', says OCBC

The company is well poised to ride on several megatrends
Boustead Projects JV secures $70 mil green loan to refinance Razer SEA HQ  - THE EDGE SINGAPORE

Environmental, Social and Governance

Boustead Projects JV secures $70 mil green loan to refinance Razer SEA HQ

Razer SEA HQ has a committed occupancy of 100% as at March 31.

Property

Boustead Projects makes several transactions to redevelop 36 Tuas Road to cater to logistics and manufacturing sectors

The redevelopment is expected to be completed in the first half of 2025.
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