Boustead Holdings Berhad (BHB) (MYX: 2771) is a Malaysian corporation with over 16,000 employees across more than 90 listed and non-listed companies in Malaysia, Indonesia and the United Kingdom.
The Group’s business interests are focused in key sectors of the Malaysian economy via its five Divisions: The division engages primarily in property development and investment, hotel management (under the Royale Chulan hotel chain), project management as well as manufacture and distribution of cellulose fibre cement products.
The division is the largest listed pharmaceutical group in Malaysia and involved in various segments of the pharmaceutical value chain, from research and development to the manufacturing of generic drugs, over-the-counter medicines and nutraceuticals, logistics and distribution, regulatory, sales and marketing as well as retail pharmacy.
The Division (Boustead Heavy Industries Corporation) caters to the defence security, marine and aerospace sectors, providing a range of services to Government and commercial clients including shipbuilding, ship repair, maintenance, repair and overhaul (MRO), manufacturing of components and systems, maritime training and integrated logistics support, among others.
Under this division, Boustead is involved in diverse sectors within the Malaysian economy with core businesses include a home-grown retail petroleum network, the provision of financial products as well as travel and tourism related services.