Lembaga Tabung Angkatan Tentera and Boustead Holdings Berhad Jointly-Aligned on the Way Forward
Kuala Lumpur, 2 February 2021 – The Board of Boustead Holdings Berhad (“Boustead” or the “Group”) has today received a notification from Lembaga Tabung Angkatan Tentera (“LTAT”) informing that the Privatization Proposal (“Proposal”) will not be pursued at this juncture. This decision was reached after taking into account the various risk factors in implementing the Proposal,…