KUALA LUMPUR: The Armed Forces Fund Board (LTAT) in its 2017 financial year should register profits of RM370.56mil and not RM662.17mil as reported, says its chief executive Nik Amlizan Mohamed.
According to her, this was due to unrecognised impairments and incomplete sales of two land lots in Cochrane and Bukit Jalil.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
