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Corporate News

Clarification

In our story titled “LTAT’s dilemma - Fund contemplating on how to restructure Boustead” published on Aug 29 in StarBizWeek, Boustead Holdings Bhd said there is no attempt by the company to fend off a privatisation exercise from Lembaga Tabung Angkatan Tentera (LTAT), nor is the company in any discussion to conduct a management buyout.