First closing date for takeover of remaining Boustead shares set on May 22

KUALA LUMPUR: Boustead Holdings Bhd (BHB) has set May 22, 2023 as the first closing date for the conditional voluntary takeover offer by Lembaga Tabung Angkatan Tentera (LTAT) to acquire the remaining shares in BHB.

In an independent advice circular filed with Bursa Malaysia today, BHB said that the duration of the offer would remain open for acceptance until 5 pm on Monday, May 22, 2023, being the first closing date.