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AFTER incurring three consecutive years of net losses, Boustead Holdings Bhd, which is majority owned by the Armed Forces Fund Board (LTAT), still continues to find itself in turbulent waters.
Firm to focus on value creation upon privatisation lapse
KUALA LUMPUR: Shares of Boustead Holdings Bhd tumbled over almost 17% in early trade Wednesday after Lembaga Tabung Angkatan Tentera (LTAT) called off its plan to take the former private.
Boustead deal scuttled due to uncertainties and challenges arising from Covid-19 pandemic
KUALA LUMPUR: Lembaga Tabung Angkatan Tentera (LTAT), the controlling shareholder of Boustead Holdings Bhd, has dropped its plan to delist the company, citing Covid-19 challenges.
New group MD developing business strategy plan to rejuvenate the group
KUALA LUMPUR: Boustead Holdings Bhd has appointed Datuk Sri Mohammed Shazalli Ramly, the former boss at Telekom Malaysia Bhd, as its group managing director effective Dec 1.