Directors - Boustead Holdings Berhad

This shopping and dining haven was officially
opened by the Deputy Prime Minister of Malaysia,
YAB Dato’ Seri Mohd Najib Bin Tun Hj. Abdul Razak.
In addition to its unique pedestrian food street, the
Curve also houses a string of well-known and
established retail and restaurant brands. The
opening of Cineleisure Damansara in May adds to
our impressive list of achievements as this
entertainment centre contains a modern 10-screen
cineplex and a 24-lane bowling alley that attracts a
steady stream of visitors. Meanwhile, its district
cooling plant at the Curve which is owned and
managed by our subsidiary Boustead Linear
Corporation Sdn Bhd is now fully operational and
supplying to all its customers namely the Curve,
Royale Bintang Damansara and Cineleisure.
The Division’s earnings were bolstered by the
performance of our Royale Bintang Hotels. Royale
Bintang Damansara and Royale Bintang Kuala
Lumpur charted impressive occupancy rates of over
80% with higher average room rates. With constant
upgrades to our hotel facilities, we are confident that
our hotels will attract more visitors as we usher in
Visit Malaysia Year 2007. As for Boustead Weld Quay
Penang, its construction of a 400 room hotel on the
island is expected to commence by end 2007.
Occupancy rates at our stable of office and
warehouse properties including Wisma Boustead,
Menara Boustead and Menara Affin remain strong
at over 90%, contributing positively to the Division’s
profit.
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