Dear friends, shareholders, business partners and fellow Bousteadians,

Welcome to the Boustead Holdings Berhad (Boustead) Website.

Having undergone meaningful developments amidst challenges in this competitive market, the Boustead Group is today stronger, more resilient and ready to take on new challenges. At a time like this, our strong corporate brand presence as a reliable and stable Government Linked Company with strategic investments in key segments of the Malaysian economy bodes well for us.

Considering the circumstances of the business environment, we closed our 2009 financial year very well with all six Divisions contributing to our bottom line. We recorded a profit after tax of RM418 million compared with RM668 million recorded in the previous year.

Profit attributable to shareholders was RM342 million (2008: RM579 million) while earnings per share ended at 47 sen (2008: 91 sen) and net assets per share was RM4.20 (2008: RM4.47). For the financial year ended 31 December 2009, the Group paid out a dividend net of tax amounting to 22.1 sen. The total dividend payout of RM184 million represents 54% of the Group's attributable profit and a 27% increase from the payout of the previous year.

I am glad to inform that our dividend track record has been improving as we continue to be a strong dividend yielding stock. We hope more discerning investors will appreciate this fact.

We look forward for a better year ahead and if you are keen on employment opportunities or have interesting value propositions in terms of business prospects, we will always be keen to hear from you.

In closing, we hope you will find our corporate web portal informative and interesting. We certainly look forward to your support in making Malaysia a more competitive country in the international arena.

Sincerely,

Tan Sri Dato' Lodin Wok Kamaruddin
Deputy Chairman / Group Managing Director