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Hi Boon Chin,

I do not have much updates on Boustead but what I know recently they won some contracts and also manage to form Joint venture with an Abu Dhabi Investment Council partners to support them with funds for their real estate solution part.

If you are looking at boustead , do remember that the company is a conglomerate business which means that they are managing many different business that is not related to each other. If you want to value the company, you have to do sum of parts.