LTAT defies global slump


LTAT payout: Mohamed Khaled (centre) at the LTAT 2025 dividend announcement ceremony. — MUHAMAD SHAHRIL ROSLI/The Star

KUALA LUMPUR: The Armed Forces Fund Board (LTAT) has demonstrated its ability to provide a higher dividend payout for the 2025 financial year despite global economic uncertainties.

Defence Minister Datuk Seri Mohamed Khaled Nordin said the performance was a commendable achievement given the challenging global economic conditions over the past year.

“I congratulate LTAT for achieving strong results despite the global turmoil that affected the economy last year.

“This achievement allows LTAT to announce dividends at a better rate than the previous year,” he said after the LTAT 2025 dividend announcement ceremony yesterday, Bernama reported.

LTAT has announced a 5.35% dividend for the financial year ended Dec 31, 2025, its highest payout in eight years. The total distribution of RM524.74mil rose from RM514.2mil in 2024.

For the period under review, LTAT reported resilient financial results, with total investment income of RM749.49mil and distributable profit of RM541.56mil.

Meanwhile, the fund’s combined reserves increased 29.1% year-on-year to RM1.31bil, up from RM1.01bil in 2024.

LTAT said the dividend declaration also marks the fourth consecutive year the fund has delivered returns of 5% or more.

Mohamed Khaled said his ministry will continue to monitor LTAT’s performance to ensure the pension fund for Armed Forces personnel is managed effectively.

“I believe LTAT is on the right track to manage the pension fund and ultimately bring good returns to contributors,” he said.

He added that LTAT has continued to strengthen its investment portfolio with full commitment, carefully reviewing each investment, addressing weaknesses and enhancing governance in companies under the LTAT Group.

As an example, Pharmaniaga Bhd recorded a net profit of RM8.7mil for the fourth quarter of 2025, up from RM2.4mil the previous year, marking eight consecutive profitable quarters.

“Pharmaniaga is now on track to exit the Practice Note 17 status in the near term,” he said.

Beyond financial achievements, Mohamed Khaled said LTAT had introduced its 2026-2030 Strategic Roadmap.

He added that the plan not only drives LTAT’s investment performance but also supports government efforts to strengthen the national defence industry under the National Defence Industry Policy.

The dividend will be credited to contributors’ accounts today. Contributors can check their statements via the MyWIRA mobile application or LTAT’s official website.

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