News & Views

BOUSTEAD HOLDINGS BERHAD APPOINTS LOONG CAESAR TO ITS BOARD

Posted on 17th July 2019

In a recent announcement by listed company Boustead Holdings Berhad to Bursa Malaysia, the company announced the appointment of 4 new Independent Non-executive Directors to its board. One of the new directors is RLSE Managing Partner, Loong Caesar.

“Boustead Holdings Berhad, one of Malaysia’s oldest conglomerates, can trace its roots to 1828 when Edward Boustead founded a modest trading company in Singapore, shortly after Sir Stamford Raffles established the British Settlement in 1819. At the turn of the 20th century, Boustead in the year 1911 diversified its business interest and began trading in rubber. Moving up the value chain, the company expanded into the management and ownership of rubber estates while exporting sheet rubber and latex. In 1961, Boustead consolidated its various businesses to form a new public listed company known as Boustead & Co. Limited. In 1966, the entity changed its name to Boustead Holdings Berhad and in 1976, the Group became a wholly-owned Malaysian entity.” The Boustead Group has more than 90 subsidiaries, associate companies and joint ventures, and has substantial interests in various sectors of the Malaysian economy in six key areas: plantation, heavy industries, property, finance & investment, trading & industrial and pharmaceutical.

The New Straits Times reporting on the new appointments said that “Loong Caesar has had an illustrious legal career spanning 34 years. He was admitted as a Barrister of the Middle Temple in 1983 and remains a member to this day. He is also a corporate and commercial litigator and panel arbitrator with the Asian International Arbitration Centre. He currently sits on the board of Mulpha International Bhd.”