← 返回新闻首页

Boustead reinvents itself

Boustead Holdings Bhd is reshaping itself from a sprawling conglomerate into a more focused business group, with the gradual reduction of its stake in once-prized pharmaceutical arm Pharmaniaga Bhd providing a glimpse into how it is reallocating capital and attention towards new growth areas.

The Star MalaysiaDOREENN LEONG2026-10-11 16:00查看原文 ↗

BOUSTEAD Holdings Bhd is reshaping itself from a sprawling conglomerate into a more focused business group, with the gradual reduction of its stake in once-prized pharmaceutical arm Pharmaniaga Bhd providing a glimpse into how it is reallocating capital and attention towards new growth areas.

Boustead’s stake in Pharmaniaga has fallen sharply from more than 87.35% in 2011 to 51.85%, while the Lembaga Tabung Angkatan Tentera (LTAT) now holds a 12.69% direct stake in the pharmaceutical company.

Already a subscriber? Log in

Get 20% OFF The Star Digital Access

Cancel anytime. Ad-free. Unlimited access with perks.

RM 13.90/month RM 11.12 /month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

RM 12.33/month RM 9.87 /month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Thank you for your report!

Tech bridging the Causeway

EPF stirs interest in Inari

Mexico oils Coastal’s growth