PETALING JAYA: The Armed Forces Fund Board (LTAT) is considering taking its main investee company BOUSTEAD HOLDINGS BHD
private at 80 sen per share, following the weak performance of the company’s share prices recently.
In a statement yesterday, LTAT said it is finalising the funding for the deal which required regulatory approvals.
LTAT, which has RM9.5bil in assets under management, owns a 59% stake in Boustead.
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