Investor FAQs

Stock Information

When and where was Boustead Projects listed?

Boustead Projects was listed on 30 April 2015, on the Singapore Exchange’s (SGX) Mainboard by way of an introduction of shares.

What is Boustead Projects’ ticker symbol?

Our ticker symbol is AVM.

When does Boustead Projects’ financial year end?

Our financial year ends on 31 March.

When does Boustead Projects’ release its financial results?

Our financial results are released every quarter in the months of August, November, February and May; not more than 45 days after the end of 1Q, 2Q and 3Q, and not more than 60 days after the end of the financial year.

When is Boustead Projects’ Annual General Meeting?

Our AGM is usually held during the last week of July or on a date that is not more than 120 days after the end of the financial year.

How many outstanding shares (excluding treasury shares) are there?

The total number of outstanding shares issued is 309,706,987 ordinary shares as at 31 December 2018.

Does Boustead Projects’ have a dividend policy?

We do not have a fixed dividend policy. The form, frequency and amount of dividends will depend on our 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.

Does Boustead Projects have a share buy-back programme?

Our share buy-back mandate was approved during an EGM in FY2016. Only shares which are issued and fully paid-up may be purchased or acquired by the company. We have the authorisation from shareholders to repurchase up to a maximum of 10% of our issued share capital in any approved year.

What are the key business drivers of Boustead Projects’ growth?
What is Boustead Projects’ strategy to deliver value to its shareholders?

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 international markets to ultimately deliver sustainable value to shareholders and other stakeholders. You can read more about it here

Our integrated suite of multiple capabilities covers 80% of the industrial real estate value chain, and can be divided into three core areas:
  • Development of industrial facilities and business/industrial parks;
  • Design-and-build of industrial facilities and business/industrial parks; and
  • Industrial leasehold portfolio management and ownership.

What are Boustead Projects’ key markets?

We operate primarily in Singapore and Malaysia but have expanded our business in China, Vietnam and potentially other parts of South East Asia.

Financial Statements and Announcements

When is Boustead Projects’ annual report distributed?

We distribute our 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.

Where can I download/view quarterly results and annual reports online?

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

Quarterly Results
Annual Reports
How can I contact Investor Relations?

You can send an e-mail to the

Corporate Information

How are Boustead Singapore Limited and Boustead Projects Limited related?

Boustead Projects is 53%-owned by Boustead Singapore Limited - a progressive global Infrastructure-Related Engineering Services, Geo-Spatial Technology and Healthcare Group listed on the SGX Mainboard - and forms the Real Estate Solutions Division of Boustead Singapore. Boustead Projects was established in 1996 after Mr Wong Fong Fui acquired Boustead Singapore.

How many employees does Boustead Projects employ?

As at the end of FY2018, we had a total of 141 employees.

Where is Boustead Projects headquartered at?

Our headquarters are located in Singapore at 82 Ubi Avenue 4, #07-01 Edward Boustead Centre, Singapore 408832.

Who are Boustead Projects’ independent auditors?

PricewaterhouseCoopers LLP has been appointed as our auditors since FY2015.

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