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.

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