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Boustead Holds Annual General Meeting of Shareholders

On 25 March 2005, Boustead Holdings Berhad held its 43rd Annual General Meeting of Shareholders at the Conference Room, 4th Floor, Menara Boustead.

At the AGM several resolutions were put to the shareholders, amongst which was to receive and adopt the audited financial statements for the year ended 31 December 2004.

Year 2004 was once again an outstanding year for the Group as it continues to instill positive investor sentiment by registering a pre-tax profit of RM247 million on the back of a turnover of RM1.3 billion.

This represents a commendable increase of 19% compared to the previous corresponding year’s pre-tax profit of RM208 million on the back of a turnover of RM1 billion.

As a result of the Group’s positive financial performance, the Group proposed a highly attractive dividend payout for the year ended December 31, 2004 amounting to RM66.7 million.


All the resolutions put to the meeting were passed by shareholders including the attractive dividend.

A well attended media conference was held immediately after the end of the AGM.


©2005 Boustead Holdings Berhad

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