1966 Changed name to The Kuala Sidim Rubber Company Berhad (KSRCB) 1969 BBEA became a substantial shareholder of KSRCB and assumed role of managing agent 1966 Barlow Boustead Estates Agency Limited (BBEA) was established through a merger between BHB and Barlow & Company 1976 BHB became a whollyowned Malaysian entity with Lembaga Tabung Angkatan Tentera (LTAT) as its shareholder 1982 BHB acquired all interest in BBEA. Renamed it to Boustead Estates Agency Sdn Bhd (BEA) 1980s 1977 Nationalisation of BBEA with shares purchased by BHB, FELDA, Lembaga Tabung Haji and LTAT 1986 Co-founded Applied Agricultural Resources Sdn Bhd, an agricultural research and advisory services unit 1987 Disposed entire interest in HRU 31 December Registered a record-high revenue of RM1.2 billion in financial year 2022, highest since relisting on Bursa Malaysia in 2014 24 August LTAT, BHB and Kuala Lumpur Kepong Berhad signed a tripartite Strategic Collaboration Agreement (SCA) to initiate a mandatory takeover offer for BPlant 2023 25 August Signed Memorandum of Agreement between Boustead Life Sciences Research Sdn Bhd and Malaysian Agricultural Research and Development Institute on tissue culture research 4 October Mutually terminated tripartite SCA for the mandatory takeover offer for BPlant 23 October Recognised by The Edge Billion Ringgit Club Awards 2023 for ‘Highest Returns to Shareholders Over Three Years’ 10 November LTAT initiated unconditional takeover offer on BPlant 18 December FTSE4Good score improved from 3.1 in 2022 to 3.4 in 2023 22 December ESG-based SPOTT rating for 2023 assessment improved to 65.6% 1960 KSRCL began converting rubber crops to oil palm 2013 Acquired BEA from BHB 2014 Relisting of BPlant on Bursa Malaysia 2017 Disposal of 678 ha Malakoff Estate, Penang 2013 Acquired 2,400 ha of oil palm plantations land in Lahad Datu, Sabah 2013 Privatisation of Al-Hadharah Boustead REIT 2010s to 2021s 2018 Acquired 11,579 ha of oil palm plantation land in Labuk and Sugut, Sabah 2019 Disposal of 139 ha Malakoff Estate, Penang 2019 Acquired 4,415 ha of palm plantation land and palm oil mill in Beluran, Kinabatangan and Labuk and Sugut, Sabah 2021 Reinventing Boustead Strategy was introduced 2021 BPlant achieved a record-high revenue of above RM1.0 billion, the first since relisting on Bursa Malaysia in 2014 Integrated Report 2023 023
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