Investor FAQs

F9D

The total number of shares issued (excluding treasury shares) is 477,473,329 ordinary shares as at 31 March 2023.

Our AGM is usually held during the last week of July; not more than 120 days after the end of the financial year.

The company does not have a fixed dividend policy. The form, frequency and amount of dividends will depend on the company’s earnings, general financial condition, results of operations, capital requirements, cash flow, general business condition, development plans and other factors as the Directors may deem appropriate. Notwithstanding this, the company has been declaring dividends on a half-yearly basis.

The Scrip Dividend Scheme provides shareholders with the option to receive shares in the company in lieu of cash on a qualifying dividend. Shareholders may choose to receive all or part thereof of their dividend in scrip. Fractional entitlements to new shares under the Scrip Dividend Scheme will be satisfied by a cash payment (based on the issue price) in lieu of such fractional entitlements.

Shareholders with registered addresses outside Singapore who would like to participate in the Scrip Dividend Scheme must provide the CDP with addresses in Singapore for the service of notices and documents no later than five market days prior to the books closure date for a qualifying dividend.

The initial share buy-back mandate was approved during an EGM in FY2009 and has been renewed annually since then. Only shares which are issued and fully paid-up may be purchased or acquired by the company. Boustead has the authorisation from shareholders to repurchase up to a maximum of 10% of our issued share capital in any approved year.

Our business platforms, strategies and business model value chain collectively form our business drivers, which highlight how we combine our core competencies and strategies for global markets to ultimately deliver sustainable value to our shareholders and other stakeholders.

Boustead’s principal focus is on priming its global operations for sustainable long-term growth. The overarching strategy supporting this goal involves:

• Actively exploring acquisition and investment opportunities that align with or complement our existing business interests. More specifically, Boustead seeks to invest in companies that have the potential to dominate the niche markets they service;
• Targeted business development in Asia and other resource-rich regions;
• Maintaining a cost-conscious culture and lean structure; and,
• A business model focusing on value-added engineering activities such as design, process engineering, project management and services.

Boustead was listed on 18 June 1975, on the Singapore Exchange (formerly referred to as the Singapore Stock Exchange).

Boustead operates on a financial year commencing April 1 to 31 March.

Boustead distributes its Annual Report to the registered mailing addresses of eligible shareholders approximately two weeks before our AGM, which is usually held in the last week of July.

To keep up to date with the latest news, announcements and SGXNet filings – simply subscribe to Boustead News.

Our financial results are released semi-annually in the months of November and May; not more than 45 days after the end of 1H and not more than 60 days after the end of the financial year.

Please click the following links to download online versions of the:

• Half-Yearly Results
• Annual Reports

You can send an email to ir.team@boustead.sg

Boustead is headquartered in Singapore.

Our global headquarters are located at:

82 Ubi Avenue 4

#08-01 Edward Boustead Centre

Singapore 408832.

Mr Wong Fong Fui has been the Boustead Chairman and Group CEO since 1996.

As at 31 March 2023, Boustead employed a total of 1,176 professionals across the globe. Our teams include Energy Engineering Division: 294; Real Estate Division: 188; Geospatial Division: 588; and Healthcare Division: 82.

Boustead has implemented projects in 93 countries and territories globally.

Yes, Boustead has been continuously trading since it was founded in 1828 – making it one of Singapore’s oldest companies.

1828

Boustead was founded in 1828 by an English businessman and philanthropist Edward Boustead (1800-1888).

British Actor, Mr David Niven, best known for his role as Phileas Fogg in the 1956 production of Around the World in 80 Days.

2008 & 2009

Spices, flavours, seeds, nuts, saps, resins, medicinal herbs, and oils.

Boustead introduced rubber trees into Malaysia during the late 1880s using seeds germinated at the London Botanical Gardens in Kew. Boustead went on to be a leading rubber plantation manager and owner in Malaysia, eventually managing 49 plantations with a total planted area of 141,629 acres.

Following the end of WWI, Boustead acted for numerous insurance agencies including the renowned Lloyds of London, which it represented for more than a century.

Cadbury, Nestle, Del Monte, Gillette, Esri, Proctor & Gamble, Johnny Walker, Hennessy, Nissan, Thomas Cook and Suzuki.

After WWII, Malaysia declared independence from the British in August 1957. This saw Boustead & Co split into two entities, Boustead plc (in London) and Boustead Bhd, which held the Singapore and Malaysia assets. Subsequently, Singapore declared independence from Malaysia in 1965. Successive restructuring of the company resulted in the creation of separate entities in Singapore, Malaysia and the UK, each carrying the same name, listed on their respective stock exchanges and all major corporations in their own right. Boustead Singapore was listed on the Singapore Exchange on 17 October 1975.