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LTAT may dilute stake in Boustead
by hlk Thu 22 Dec 2011, 13:57
Lembaga Tabung Angkatan Tentera, a Malaysian armed forces fund, may dilute its stake in Boustead Holdings Bhd to about 50 percent in the name of good corporate governance, Group Managing Director Lodin Wok Kamaruddin told reporters in Kuala Lumpur today.
The fund, also known as LTAT, currently holds 61.2 percent of the plantations, engineering and financial services group, according to data compiled by Bloomberg. -- Bloomberg
The fund, also known as LTAT, currently holds 61.2 percent of the plantations, engineering and financial services group, according to data compiled by Bloomberg. -- Bloomberg
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