BHB was founded in 1828 as Boustead & Co in Singapore by Edward Boustead, an English businessman, shortly after Sir Stamford Raffles established the British Settlement in 1819.

Its core business during those pioneering days was primarily import and export, as well as shipping and insurance agents. With the increase in trade between the two territories and as the Straits of Malacca became the more preferred primary waterway between Europe and the Far East, Edward opened a branch in Penang in 1864.

At the turn of the 20th century, Boustead diversified its business interest in 1911 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. As the new nation, Malaya grew rapidly, Boustead expanded its business interest to import and distribution of a variety of goods.

After World War II, Malaya declared independence from Britain in 1957 and Singapore declared independence from Malaysia in 1965. This resulted in Boustead & Co splitting into three entities in 1975, Boustead Plc in London (later reorganized as Boustead & Co), Boustead Holdings Berhad in Malaysia, Boustead Singapore Limited, and Boustead China Co, Ltd. In 1976, the Group became a wholly Malaysian-owned entity.

The Group’s business interests focus on key sectors of the Malaysian economy through five Divisions: Plantation, Property & Industry, Pharmaceuticals, Heavy Industries, and Trading, Finance & Investment.

Boustead also operates The Curve shopping mall in Damansara, Selangor and MyTown Shopping Center at Jalan Cochrane, Maluri, Kuala Lumpur. Both centers are connected to an IKEA store.

According to boustead.com.my and Wikipedia