Boustead Soars 4.8% as Company Announces Strategic Review for Potential Asset Sale to REIT

Stock Track

13 Jun

Boustead's stock is soaring 3.20% in early trading on Friday, following the company's announcement of a strategic review for the potential sale of its stake in logistics and industrial real estate assets. The engineering and technology group is considering listing these assets on the Mainboard of the Singapore Exchange through a real estate investment trust (REIT).

The company stated that this review is part of its "ordinary course of business to periodically consider options and opportunities" in relation to its investments. The primary goal of this strategic move is to unlock shareholder value, which has evidently resonated positively with investors, as reflected in the stock's significant uptick.

This development comes at a time when REITs are gaining popularity among investors seeking stable income streams. Boustead's potential move to monetize its real estate assets through a REIT structure could provide the company with additional capital for core business expansion while offering investors a new investment opportunity in the Singapore market.

Boustead surges 4.8% at 9:30 am, Jun 13th.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1140527380"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1140527380\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/1140527380?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-13 09:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1140527380","market":"nz","top_or_hot":-1,"title":"Boustead Soars 4.8% as Company Announces Strategic Review for Potential Asset Sale to REIT","media":"Stock Track","content":"<p>Boustead's stock is soaring 3.20% in early trading on Friday, following the company's announcement of a strategic review for the potential sale of its stake in logistics and industrial real estate assets. The engineering and technology group is considering listing these assets on the Mainboard of the Singapore Exchange through a real estate investment trust (REIT).</p><p>The company stated that this review is part of its \"ordinary course of business to periodically consider options and opportunities\" in relation to its investments. The primary goal of this strategic move is to unlock shareholder value, which has evidently resonated positively with investors, as reflected in the stock's significant uptick.</p><p>This development comes at a time when REITs are gaining popularity among investors seeking stable income streams. Boustead's potential move to monetize its real estate assets through a REIT structure could provide the company with additional capital for core business expansion while offering investors a new investment opportunity in the Singapore market.</p><p> <a href=\"https://laohu8.com/S/F9D.SI\">Boustead</a> surges 4.8% at 9:30 am, Jun 13th.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8f22e97380d0304d838febc71c79405b\" tg-width=\"894\" tg-height=\"640\"></p><p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Boustead Soars 4.8% as Company Announces Strategic Review for Potential Asset Sale to REIT</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBoustead Soars 4.8% as Company Announces Strategic Review for Potential Asset Sale to REIT\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-06-13 09:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Boustead's stock is soaring 3.20% in early trading on Friday, following the company's announcement of a strategic review for the potential sale of its stake in logistics and industrial real estate assets. The engineering and technology group is considering listing these assets on the Mainboard of the Singapore Exchange through a real estate investment trust (REIT).</p><p>The company stated that this review is part of its \"ordinary course of business to periodically consider options and opportunities\" in relation to its investments. The primary goal of this strategic move is to unlock shareholder value, which has evidently resonated positively with investors, as reflected in the stock's significant uptick.</p><p>This development comes at a time when REITs are gaining popularity among investors seeking stable income streams. Boustead's potential move to monetize its real estate assets through a REIT structure could provide the company with additional capital for core business expansion while offering investors a new investment opportunity in the Singapore market.</p><p> <a href=\"https://laohu8.com/S/F9D.SI\">Boustead</a> surges 4.8% at 9:30 am, Jun 13th.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8f22e97380d0304d838febc71c79405b\" tg-width=\"894\" tg-height=\"640\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"F9D.SI","symbol_name":"宝德新加坡","start_time":0,"source_url":"","article_id":"1140527380","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1140527380","pubTimestamp":1749776901,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Boustead's stock is soaring 3.20% in early trading on Friday, following the company's announcement of a strategic review for the potential sale of its stake in logistics and industrial real estate assets. The engineering and technology group is considering listing these assets on the Mainboard of the Singapore Exchange through a real estate investment trust .The company stated that this review is part of its \"ordinary course of business to periodically consider options and opportunities\" in rela","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"F9D.SI":"宝德新加坡"},"translate_title":"Boustead股价飙升4.8%，公司宣布对可能向REIT出售资产进行战略审查","themeId":"01d801b12042581c34693b7d99ae857e","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"F9D.SI":1},"content_text":"Boustead's stock is soaring 3.20% in early trading on Friday, following the company's announcement of a strategic review for the potential sale of its stake in logistics and industrial real estate assets. The engineering and technology group is considering listing these assets on the Mainboard of the Singapore Exchange through a real estate investment trust (REIT).The company stated that this review is part of its \"ordinary course of business to periodically consider options and opportunities\" in relation to its investments. The primary goal of this strategic move is to unlock shareholder value, which has evidently resonated positively with investors, as reflected in the stock's significant uptick.This development comes at a time when REITs are gaining popularity among investors seeking stable income streams. Boustead's potential move to monetize its real estate assets through a REIT structure could provide the company with additional capital for core business expansion while offering investors a new investment opportunity in the Singapore market. Boustead surges 4.8% at 9:30 am, Jun 13th.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}