Record of Approval on an Absence-of-Objection Basis - 1 June 2026 - Investment in Boost Holdings Sdn. Bhd.

Jul 19, 2026

Approval on an absence-of-objection basis was granted on Monday, June 1, 2026 for an investment involving Malaysia and Indonesia, specifically Boost Holdings Sdn. Bhd. The Board of Directors approved an equity investment in Boost Holdings Sdn. Bhd. via subscription of newly issued shares up to US$20 million, converted into the Malaysian Ringgit equivalent. The approval references IFC/R2026-0157 dated May 19, 2026, and notes that Lailee Jane Moghtader abstained.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

Approval summary

Investment scope and amount

Governance and abstention

FAQs

When was the approval granted on an absence-of-objection basis?

The approval was granted on Monday, June 1, 2026.

What investment was approved for Boost Holdings Sdn. Bhd.?

An equity investment was approved through subscription of newly issued shares in Boost Holdings Sdn. Bhd., up to US$20 million (Malaysian Ringgit equivalent).

What does the document state about Lailee Jane Moghtader’s position?

Lailee Jane Moghtader requested to be recorded as abstaining.

Jul 19, 2026

Upload by Ava Thompson