LTAT on strategic transformation of assets


In a statement issued yesterday, LTAT gave further insights as to why it had a change of mind on this privatisation plan for Boustead.

LEMBAGA Tabung Angkatan Tentera (LTAT), which scuttled the potential privatisation of Boustead Holdings Bhd, said the change of events were the primary reason why it abandoned the takeover deal.

In a statement issued yesterday, LTAT gave further insights as to why it had a change of mind on this privatisation plan for Boustead.

Save 30% and win Bosch appliances! More Info

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
LTAT , Boustead , privatisation , assets , transformation ,

Others Also Read


Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a member? Log In