LTAT declares 3.5% dividend for 2020

Senior Minister of Defence Datuk Seri Ismail Sabri Yaakob (file pic) was pleased with the results achieved by LTAT last year, more so as this was achieved amidst the challenging economic climate brought about by the Covid-19 pandemic, which caused much economic upheaval and market volatility.

PETALING JAYA: The Armed Forces Fund Board (LTAT) has declared an improved dividend of 3.5% for the financial year ended Dec 31,2020 as compared to 2.5% the previous year.

This came on the back of a higher net profit of RM229mil, compared with RM92.8mil in 2019.