Boustead privatisation still a possibility

Big plans: In May last year, it was first reported that LTAT was looking at privatising Boustead, according to a Bloomberg report.

IT has been more than eight months since the prospect of a privatisation of conglomerate Boustead Holdings Bhd (Boustead) first made the news.

But perhaps the most significant news is the Securities Commission final deadline for Boustead’s parent, the Armed Forces Fund Board (LTAT), to privatise Boustead by the first week of February this year.