Investors Centre – FAQs

FAQs - Share Information

Boustead Projects was listed on 30 April 2015 on the SGX Mainboard by way of an introduction of shares.

Our ticker symbol is AVM.

Our financial year ends on 31 March.

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.

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.

The total number of outstanding shares issued is 309,706,987 ordinary shares as at 31 March 2019.

We do not have a fixed dividend policy. The amount, form and frequency of dividends will depend on many factors including our capital requirements, cash flow, earnings, general business and financial conditions, growth plans and results of operations as our Board may determine.

Our Share Buyback Mandate was approved during an extraordinary general meeting in FY2016. Only shares which are issued and fully paid-up may be purchased. We have 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 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:
• Design-and-build;
• Development; and
• Leasehold portfolio management and ownership.

We operate primarily in Singapore but have expanded our business in China, Malaysia and Vietnam. We are also evaluating potential markets elsewhere in South East Asia.