The Armed Forces Fund Board (LTAT) has begun making sweeping changes to its investment style.
The move follows its lowest dividend declaration of 2% last year. This compares with a minimum of 6% paid out over the past four and a half decades.
LTAT was previously headed by its long-serving chief executive officer Tan Sri Lodin Wok Kamaruddin, who held the top post in LTAT since 1982.
...