Fixing the LTAT muddle

TheStar Tue, Mar 05, 2024 11:54am - 3 months View Original


Why not put LTAT or other troubled GLICs under the EPF? After all, if LTAT’s main purpose is to ensure healthy dividends for its members, isn’t that what the EPF does very well for its own members?

WHAT now for Lembaga Tabung Angkatan Tentera (LTAT)?

There is a lacuna at its top management after the resignation of top officials while debt obligations at wholly-owned Boustead Holdings Bhd need to be addressed.

Two units of Boustead continue to bleed profusely and are debt-laden, namely Boustead Heavy Industries Corp Bhd (BHIC) and Pharmaniaga Bhd.

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