LTAT on track to privatise Boustead


PETALING JAYA: Lembaga Tabung Angkatan Tentera (LTAT) is on track to privatise Boustead Holdings Bhd (BHB), as its shareholding now stands at 90.49% upon accumulation of BHB shares in the open market, as well as shareholders’ acceptances.

LTAT tabled a 85.5 sen a share offer for the remaining 40.58% shares of BHB that it did not own as of March 2.

11.11 Flash Sale! Get 40% OFF Digital Access!

Monthly Plan

RM 13.90/month

RM 8.34/month

Billed as RM 8.34 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 7.40/month

Billed as RM 88.80 for the 1st year, RM 148 thereafter.

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

Next In Business News

The great bus stop bust
From packaging to paddles
Exercise cautious sniffs in malls
BRI-nging growth to Asean
Sabah’s quiet ascent in the consumer market
Red Sea Global fully funded
Investors have forgotten scientific method
From pessimism to positivity
Second wind for Thailand’s industrial estates
Can Ascend Airways balance ambition with restraint?

Others Also Read