LTAT chairman Tan Sri Mohd Zahidi Zainuddin said the company was able to announce improved dividends in FY19 as a result of a waiver of liabilities that were due to the government.
PETALING JAYA: Lembaga Tabung Angkatan Tentera (LTAT) or the Armed Forces Fund Board has declared a dividend of 2.5% for the financial year ended Dec 31,2019 (FY19) which is a higher than the 2% declared in FY18.
This is despite a lower net profit of RM91.7mil in FY19 compared with RM221mil for FY18.
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