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Bursa Announcements

CLARIFICATION PERTAINING TO THE EDGE WEEKLY'S ARTICLE TITLED "BOUSTEAD PLANTATIONS TO SELL SARAWAK ESTATES"
BackJul 13, 2021
Type Announcement
Subject OTHERS
Description

BOUSTEAD PLANTATIONS BERHAD'S CLARIFICATION PERTAINING TO THE EDGE WEEKLY'S ARTICLE TITLED "BOUSTEAD PLANTATIONS TO SELL SARAWAK ESTATES"

We refer to the article titled above which was published in The Edge Malaysia, page 18, dated 12 July 2021.

 

As a corporate entity that will always find ways to provide the best shareholder value, Boustead Plantations Berhad (BPB) seeks prospects to unlocking the values of our assets including the estates in Sarawak. Nevertheless, the plan is still at the preliminary stage and BPB has yet to engage with any interested parties.

 

With the recent announcement of Zainal Abidin Shariff as the new Chief Executive Officer of BPB, he shall take this opportunity to re-evaluate all existing plans, implementations and future initiatives so that they are consistent with the overall Reinventing Boustead Strategy.

 

Should there be any development on the said matter, BPB will make the necessary announcement as guided by Bursa Malaysia’s Main Market Listing Requirements.

 

This announcement is dated 13 July 2021.





Announcement Info

Company Name BOUSTEAD PLANTATIONS BERHAD
Stock Name BPLANT
Date Announced 13 Jul 2021
Category General Announcement for PLC
Reference Number GA1-13072021-00044



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