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Print This Milestones

1800s

1828

Boustead & Co. founded in Singapore.

1864 Boustead opened first branch office in Malaya in Penang.

1960s

1961

Boustead & Co. Limited was listed on the Malayan Stock Exchange.

1966

Assumed the name Boustead Holdings Berhad.

1970s

1976

Boustead became a wholly-owned Malaysian entity with Lembaga Tabung Angkatan Tentera (LTAT) as its shareholder.

1980s

1984

Acquired 20% interest in UAC Berhad.

1990s

1990

LTAT acquired controlling interest in Boustead.

1992

Acquired 30% interest in Affin Holdings Berhad.

1996

Launched the Group’s first large scale property development in Mutiara Rini, Johor.

1997

Acquired 20% equity interest in PSC Industries Berhad.

1999

Acquired a 355-acre plot of land in Mukim Sungai Buloh,Selangor, now known as Mutiara Damansara, for mixed development.

2000s

2000

Co-established The University of Nottingham Malaysia Campus, the first branch campus of a British university in Malaysia.

2003

Boustead acquired its first hotel, The Royale Bintang Kuala Lumpur.

2004

Privatisation of Kuala Sidim Berhad and SCB Developments Berhad.

2004

Established the Curve, Malaysia’s first pedestrianised lifestyle shopping mall, in Mutiara Damansara.

2005

Acquired controlling interest in BP’s retail petrol business which was rebranded as BHPetrol.

2005

Acquired 31% interest in PSCNaval Dockyard Sdn Bhd, now known as Boustead Naval Shipyard Sdn Bhd.

2006

Delivered the first offshore patrol vessel to the Royal Malaysian Navy.

2007

UAC Berhad became a subsidiary of Boustead Holdings Berhad.

2007

Boustead successfully turned around PSC Industries Berhad,which was an ailing PN17 company, restructured it as Boustead Heavy Industries Corporation Berhad and relisted it on the Main Board of Bursa Malaysia.

2007 Boustead Naval Shipyard Sdn Bhd became a subsidiary of Boustead Holdings Berhad.
2007

Al-Hadharah Boustead REIT, the first and only Islamic plantation-based real estate investment trust (REIT), was listed on the Main Board of Bursa Malaysia.

2008

Boustead Properties Berhad was delisted and privatised under the Boustead Group.

2009

Acquired the remaining 50% of Damansara Entertainment Centre (previously known as Cineleisure Damansara), resulting in the complete integration of a one-stop entertainment and lifestyle centre in Mutiara Damansara Commercial Centre.

2010s

2010

Official launch of The Royale Chulan Kuala Lumpur.

2011

Acquired Pharmaniaga Berhad, Malaysia’s largest integrated local healthcare company and generic pharmaceuticals manufacturer.

2011

Opened Curve NX, housing Malaysia’s first international award-winning children’s indoor theme park, KidZania Kuala Lumpur.

2011

Acquired MHS Aviation, marking the Group’s entry into the aviation sector.

2012

Privatised UAC Berhad.

2013

Privatised Al-Hadharah Boustead REIT.

2014

Listing of Boustead Plantations Berhad on Bursa Malaysia.

2014

AFFIN Holdings Berhad investment banking segment now operates under its new brand name, Affin Hwang Capital, upon the successful acquisition of investment banking, asset management and futures businesses of Hwang-DBS (Malaysia) Berhad.

2014

Boustead Cruise Centre Sdn Bhd successfully completed the acquisition of a jetty and 69 acres of land in Pulau Indah.

2014

Acquired the Hyde Park Hotel in London, which has been rebranded ‘The Royale Chulan Hyde Park Hotel’.

2014

BHPetrol became the first petroleum company to offer Euro5-grade fuel in Malaysia.

2015

Acquired a strategic stake in the implementation of Ministry of Transport's Automated Enforcement System (AES)

2017

MyTOWN Shopping Centre opens its doors to the public.

2017

The Royale Chulan & Bintang Hotels & Resorts undertook a rebranding exercise unifying all eight hotels under one brand name, Royale Chulan.