LTAT completes take-over of Boustead Holdings


KUALA LUMPUR: Lembaga Tabung Angkatan Tentera (LTAT) has completed the take-over of Boustead Holdings Bhd (BHB) today, on the closing date of the offer.

In a statement, LTAT said its shareholdings in BHB is now at approximately 97.63 per cent, which allows for the de-listing of BHB and the invocation of the compulsory acquisition provision for the remaining shares, making it a wholly-owned subsidiary of LTAT.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

CGS International upbeat on Malaysia's economy, sets KLCI end-2026 target at 1,810
Morning trading finishes flat as investors retrace earlier losses
A1 AK Koh Group appointed sole distributor for NZ Milk Powder
Hock Soon Capital inks underwriting deal with M&A Securities
Crude oil slumps, Asian shares edge lower as global tensions climb
Ringgit opens lower vs greenback, higher against major currencies ahead of key US jobs data
FBM KLCI drifts lower as traders await catalysts
Berkshire Hathaway raises new CEO Abel's salary to US$25mil
Trading ideas: Capital A, AAX, AME REIT, IGB, IWCity, HSS Engineers, Master Tec, SCIB, ES Sunlogy, ICT Zone, Vanzo, Paragon Union, Destini, Mega Fortis, Semico
Oil falls as investors weigh supply outlook, Venezuela uncertainties

Others Also Read