I’ve attended all of Boustead’s AGMs since being a shareholder for close to five years now. Without fail, shareholders in the AGM will always question how management will unlock the value of Boustead. Recently, Boustead announced a proposed demerger (a spin-off) of their real estate solution business to unlock shareholder value through issuance of dividend in specie. Therefore, if the transaction is completed, Boustead will own 51% of the newly listed company called Boustead Projects Limited (BPL) while the rest of the entitled shareholders own the remaining 49%. I attended Boustead’s EGM regarding the proposed demerger and here are some of the insights during the EGM: 5 Quick Things I Learned from Boustead Singapore’s EGM 2015

1. Demerger is part of the succession plan. BPL will have more autonomy to move on its own with less constraints reporting to Boustead’s board. Hence, with this in place, BPL is able to ...

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