Latest Forum Topics /
Boustead
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Boustead on the move now
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kepoh88
Veteran |
09-Feb-2026 00:04
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Continue to accumulate my CPF wealth, another cash stock invested since  October 2025 , EVER GLORY.  
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tangsookiam1947
Master |
08-Feb-2026 21:20
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It is generally better for Boustead Singapore to raise its BAU dividend rather than give a one-off dividend-in-specie because markets value repeatable income more than event payouts. A higher BAU dividend signals that cashflows have structurally improved and can be sustained year after year, which supports re-rating and long-term shareholder confidence. A dividend-in-specie, by contrast, is usually treated as non-recurring &mdash like giving shareholders a one-time gift basket rather than increasing their monthly allowance &mdash and its impact often fades quickly after the ex-date. Keeping REIT units on the balance sheet also allows Boustead to collect steady distributions, smooth earnings across cycles, and gradually pass this through as higher regular dividends without forcing shareholders to manage or sell distributed REIT units. Over time, this quieter approach compounds better, aligns with long-term owners, and preserves flexibility for capital recycling and growth, rather than locking value into a single, irreversible event.
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Jiyaji
Senior |
08-Feb-2026 17:24
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U/stand they are already courting Acc Investors for pre-IPO book building with min. investment of ~$75K. That indicates potential listing of IPO in ~2 months
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HVRRVH
Elite |
07-Feb-2026 11:08
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Strong performance past few days but so far it is quiet on the reit listing news. Current market cap for Boustead is about $1.01B and with the proposed UIB reit valuing at $1.9B and Boustead' s share at 20%, 1 Boustead share is worth about $0.75 alone based on UIB' s book. Boustead could well be distributing 2 UIB shares for every 10 Boustead shares if it wish but it need to be emphasised that we do not know what' s Boustead' s plan so far with regard to its interest in the proposed UIB reit. Recent price actions suggest exciting time ahead. Hopefully with March approaching there will be more news on UIB listing. | ||||
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HVRRVH
Elite |
03-Feb-2026 14:37
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Intraday high $2.02, 3 more cents to equal ATH of $2.05 clocked on 21.4.14. I think it is achievable soon if not today.  | ||||
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SmallSmall
Supreme |
03-Feb-2026 14:19
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$2.01 +$0.07....This one going uncharted liao. The sky will be the limit...... |
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HVRRVH
Elite |
27-Jan-2026 11:57
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Should test $1.95 soon, the previous high acheived on 9.10.25. Looking back, shareholders have been asking for the longest time whether Boustead can do a reit lisitng but Boustead has taken quite some time to decide on this. However, since it privatised Boustead Project, the momentum is gaining for a reit listing and it has now focus on taking this route. We could see the listing materialise soon if market speculation of the March fund raising is correct.  | ||||
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Alignment
Elite |
23-Jan-2026 10:40
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Unlikely, unless there is something seriously wrong with the underlying assets. The demand on SGX for REITs looks quite strong and stronger than it has been for some time so if Boustead thought some time ago that listing a REIT was a good idea then from a markets standpoint then the case would only have gotten stronger since.
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lifeisgood
Supreme |
23-Jan-2026 09:46
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How likely is Boustead going to call off the UI Boustead Reit? Or is it carved in stone already? Seems like it is taking a very long time.  | ||||
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Alignment
Elite |
16-Jan-2026 19:31
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Yes, this is a separate and much larger pool of Boustead' s assets. Investors will hope there are no delays.
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chengwh1
Elite |
16-Jan-2026 17:47
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Boustead' s assets will be ' monetised' soon via Boustead UI REIT, as per the following assets in the coming REIT :- The REIT&rsquo s IPO portfolio will include more than 20 leasehold properties in Singapore and two freehold properties in Japan, for a total agreed property value of $1.9 billion, according to the filing.
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lifeisgood
Supreme |
16-Jan-2026 10:44
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Thanks for your input. I will try to go find out more about it.
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Alignment
Elite |
16-Jan-2026 10:38
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So as I understand it early last year Boustead agreed to sell its assets to a third party fund in return for some shares in that fund, worth about S$100m if I remember correctly. This would be a step to get some assets off the balance sheet and towards recycling assets and crystallise Boustead' s potential undevaluation. This is no longer happening. The reason is unclear, but if no reason is given then it is human nature to assume the worst, which might be that perhaps there is an issue with the assets (given Boustead seems to still be putting some cash into the fund) but this is conjecture. What is factual is that this is a setback in terms of the recycling assets storyline.  To put things in proportion though it is only S$100m. Not the end of the world.
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lifeisgood
Supreme |
16-Jan-2026 09:41
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Can you please elaborate why it does not sound like good news? I wish to understand more as I am vested. Thanks.
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Alignment
Elite |
15-Jan-2026 19:55
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Does not sound like good news.
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Joelton
Supreme |
14-Jan-2026 09:44
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Boustead Singapore tweaks deal with Unified Industrial to retain control of Vietnam business
This allows the company to better manage its real estate and fund management business in one of Asean&rsquo s fastest growing economy
 
[SINGAPORE] Boustead Singapore on Monday (Jan 12) announced amendments to a master share subscription agreement between its subsidiaries and Hong Kong-based real estate company Unified Industrial.
 
The amendments will allow it to retain control of its real estate and fund management business segment in Vietnam. In March 2025, the group   announced an agreement to transfer its real estate asset management and fund management business to Unified Industrial. 
 
Under the amendments, the company will retain control of Echo Base-BP Capital (Vietnam), instead of transferring it to Unified Industrial. 
 
Other agreements, collectively known as the Vietnam obligations, will also not occur, Boustead Singapore said. 
 
The amendments come as the growth of Boustead Singapore&rsquo s real estate and fund management business in Vietnam remains a &ldquo continual area of focus&rdquo for the company, with the country as a key strategic growth market. 
 
&ldquo The termination of the Vietnam obligations under the master share subscription agreement would continue to give Boustead Singapore operational control of (its) real estate and fund management business segment in Vietnam,&rdquo the company said. 
 
As Vietnam is a developing South-east Asian real estate market, the company noted that its industrial assets in the country would have a longer gestation and maturity period. 
 
&ldquo With a long-term view of its capital allocation strategies, (the group) would be better able to manage its real estate and fund management business segment in Vietnam through full operational control of the business,&rdquo Boustead Singapore said. 
 
The company noted that the transactions under the master share subscription agreement are separate and independent of the proposed initial public offering and listing of UI Boustead Reit on the Singapore Exchange.
 
Vietnam ended 2025 on a high note. Gross domestic product expanded 8 per cent from the year before, marking the second-fastest pace in 15 years and among the fastest for Asean economies.
 
Buoyed by the numbers, Hanoi is targeting double-digit growth in 2026, betting on higher public investment, export diversification, private-sector productivity gains and deeper capital markets.
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kepoh88
Veteran |
13-Jan-2026 15:30
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Slow and steady , grab before it runs to $2.20 | ||||
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HVRRVH
Elite |
11-Jan-2026 10:31
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https://www.businesstimes.com.sg/companies-markets/ui-boustead-said-seek-us700-million-singapore-ipo-march This link is not behind the paywall. 
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HVRRVH
Elite |
11-Jan-2026 10:25
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https://www.bloomberg.com/news/articles/2026-01-08/ui-boustead-is-said-to-seek-700-million-singapore-ipo-in-march First mentioned of timeline for the reit IPO, March 2026 it is.  |
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finjungle
Veteran |
09-Jan-2026 10:58
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The proce would eventually meet its true value
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