The Business Times
business-time-50

Boustead Singapore looks ahead following re-merger with Boustead Projects

google-preferred-sourceAdd BT as a preferred source
Raphael Lim

Raphael Lim

Published Sat, Apr 13, 2024 · 05:00 AM
    • Wong Fong Fui, chairman and group chief executive officer of Boustead Singapore.
    • Wong Fong Fui, chairman and group chief executive officer of Boustead Singapore. PHOTO: YEN MENG JIIN, BT

    BOUSTEAD Singapore’s group chief executive officer Wong Fong Fui is known for being able to turn around businesses and actively make deals for the conglomerate. 

    But the company’s bid last year to privatise its subsidiary Boustead Projects was met with pushback from segments of the market amid views that the original offer price undervalued the property player.

    “I think it was pretty misunderstood,” Wong told The Business Times in an interview. 

    boustead singapore

    TRENDING NOW

    Altitude Xperience argued that the rooftop space in contention was not considered an unused space.

    Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass

    Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

    Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

    Indonesia’s Minister of Communication and Digital Affairs Meutya Hafid says sovereignty is about "having control at home and the confidence to cooperate abroad".

    Asean must retain more value as its digital economy races towards US$2 trillion: Indonesian minister

    Rice remains the centrepiece and a volatile variable of the Philippine-Vietnam relationship, as Manila relies heavily on Hanoi to ensure its national food security. 

    Philippines-Vietnam US$10 billion trade push risks running into rice politics

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More