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KUALA LUMPUR: Boustead Holdings Bhd jumped as high as 18% on Friday, on news of an offer by Lembaga Tabung Angkatan Tentera (LTAT) to take the company private.
KUALA LUMPUR: Stocks to watch on Friday include Gadang Holdings Bhd, Vizione Holdings Bhd, Boustead Holdings Bhd and Cypark Resources Bhd, according to JF Apex Research.
Fund considering move following company’s weak share price
KUALA LUMPUR: Lembaga Tabung Angkatan Tentera (LTAT), the controlling shareholder of Boustead Holdings Bhd, is considering a proposal to privatise the company at 80 sen a share.
SHAH ALAM (Bernama): The MV Diamond Princess cruise ship, which was quarantined in Yokohama, Japan, due to Covid-19 pandemic, is now on its way to Malaysia to replenish its stores and refuel.
PETALING JAYA: Lembaga Tabung Angkatan Tentera (LTAT) or the Armed Forces Fund Board has declared a dividend of 2.5% for the financial year ended Dec 31,2019 (FY19) which is a higher than the 2% declared in FY18.
KUALA LUMPUR (Bernama) -- Lembaga Tabung Angkatan Tentera (LTAT) or the Armed Forces Fund Board is undergoing the implementation of the first phase of its transformation journey to fortify its structure by balancing its ability to deliver short-term wins while ensuring long-term sustainability.
KUALA LUMPUR: Boustead Holdings Bhd has announced the appointment of Datuk Seri Mohamed Khaled Nordin as the company’s non-independent non-executive chairman effective May 1.
KUALA LUMPUR: Boustead Holdings Bhd has appointed Datuk Seri Mohamed Khaled Nordin, the former Johor Mentri Besar, as new chairman of the company.