The Boustead Group (MYX: 2771) was founded in 1828 as Boustead & Co. in Singapore by Edward Boustead, an English businessman.
The company was incorporated in 1961 under the Kuala Lumpur and Singapore stock exchanges. In 1975, the Malaysian operations were separated from overseas interests.
In 2008, Boustead has 133 subsidiaries of which 3 companies are listed and 16 associate companies, of which one is listed. It has total assets in excess of RM8 billion and more than 12,000 employees. The major shareholder of Boustead today is Lembaga Tabung Angkatan Tentera (LTAT).
The Boustead Group's operations and business activities can be categorised into six core business areas, namely Plantation, Heavy Industries, Property, Finance & Investment, Trading and Manufacturing & Services.