boustead singapore

Boustead posts 3% drop in H1 net profit as US tariffs moderate energy sector activities

The board nevertheless declares an unchanged interim cash dividend of S$0.015 per share

Boustead did not disclose contract value nor the customer’s name, and only said that the facility is near the Wafer Fab Park and Tampines Town Centre.

Boustead bags design-and-build deal for semiconductor facility

The contract comprises additions and alterations works to reconfigure an existing chip material manufacturing plant

Metro Holdings says there is no certainty that a transaction would materialise in respect of the group's interests from these discussions.

Metro Holdings says ‘no definitive agreement’ entered on Boustead Singapore’s proposed divestments

The group holds 26% of the units in the Boustead Industrial Fund through its indirect wholly owned subsidiary Metrobilt Construction

The total gross floor area of all 23 properties is about 5.9 million square feet (sq ft), with a net lettable area of some 5.3 million sq ft.

Boustead’s proposed Reit listing has portfolio value of S$1.9 billion

The portfolio will comprise 23 logistics and industrial properties – 21 in Singapore and two in Japan

Wong Fong Fui, Boustead Singapore’s chairman and group CEO, says the group's diversified portfolio helps balance performance. 

Boustead bets on Reit launch, geospatial boom to drive growth

The engineering and technology group aims to unlock real estate value and ride the transformation of geospatial industry

The company's Reit portfolio will include its Singapore logistics and industrial real estate assets and other properties not held by Boustead.
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Boustead surges 12.8% on the back of Reit listing application

The counter hit an intraday peak of S$1.72 as at 1.42 pm, gaining S$0.23 from its previous close

The company said in June said it was conducting “strategic reviews” for the sale of its stake in some of its logistics and industrial real estate assets to a Reit.

Boustead files for listing of Reit holding its Singapore logistics and industrial assets

The move follows a strategic review of the sale of its stakes in the assets

Boustead notes that the review is part of its “ordinary course of business to periodically consider options and opportunities” in relation to its investments to unlock shareholder value.

Boustead Singapore reviews assets for potential sale to Reit for listing

No certainty that any transaction will materialise as a result of this process, says the engineering and technology group

BP-Innovue, the real estate solutions division of mainboard-listed Boustead Singapore, will jointly develop the site into a multi-user industrial facility with heavy vehicle parking.

Joint venture by Boustead Projects’ unit clinches JTC tender to develop industrial facility on Tukang Innovation Drive site

The site is the first under the industrial government land sales programme to be awarded with an additional three years of lease

For FY2025, Boustead proposes to pay out a total dividend of 7.5 Singapore cents, compared to 5.5 Singapore cents in FY2024.
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Boustead shares rise 4.8% to a 4-year high on robust earnings and dividend boost

Company’s shares hit their highest price in a decade as the engineering group sees a 58% increase in net profits