BOUSTEAD Holdings Bhd, a wholly-owned unit of Lembaga Tabung Angkatan Tentera (LTAT), could see a change at the helm, with group CEO Izaddeen Daud stepping down soon, sources familiar with the company tell The Edge. It is understood that he is cutting short his three-year contract at Bo...

The Royal Malaysian Air Force (RMAF) has launched a probe into the safety of its Hawk fighter aircraft fleet. Defence Minister Datuk Seri Mohamed Khaled Nordin said the investigation was initiated following Tuesday’s incident when a Hawk fighter jet skidded off the runway while landing at Sultan Abdul Halim Airport in Alor Setar.

MOHAMMAD Ashraf Md Radzi, the chief executive of Lembaga Tabung Angkatan Tentera (LTAT), sees Pharmaniaga Bhd (KL:PHARMA) as one of the few gems the pension fund has in its stable. LTAT owns a 54.9% stake in the company, with some 47.12% of it held via Boustead Holdings Bhd. The maker o...

SHORTLY before Hari Raya Aidilfitri, Lembaga Tabung Angkatan Tentera (LTAT) announced a dividend of 5.25% for 2024 — the highest it has paid out in seven years. The total distribution of RM514.2 million made up 87.5% of the armed forces fund’s net profit for the year. While the dividend...

Late last month, Lembaga Tabung Angkatan Tentera (LTAT) announced a 5.25% dividend for 2024 — the highest it has paid out in seven years. The total distribution of RM514.2 million made up 87.5% of the armed forces fund’s net profit for the year.

KUALA LUMPUR: Lembaga Tabung Angkatan Tentera (LTAT) menyasarkan untuk mengurangkan aset strategik kepada 35 peratus dalam tempoh tiga tahun akan datang berbanding 56 peratus ketika ini, sekali gus dapat meminimumkan impak kewangan sekiranya prestasi syarikat pegangannya merosot.

KUALA LUMPUR: The Armed Forces Fund Board (LTAT) plans to reduce its strategic asset holdings to 35 per cent over the next three years under its Project Earth restructuring initiative.

Lembaga Tabung Angkatan Tentera aims to trim its strategic assets to 35% of its total holdings over the next three years under the Project Earth restructuring plan.

Lembaga Tabung Angkatan Tentera (LTAT), the pension fund for the Malaysian Armed Forces, has declared a seven-high dividend of 5.25% for 2024.

Lembaga Tabung Angkatan Tentera (LTAT) chief executive officer Mohammad Ashraf Md Radzi said the relisting of Boustead Plantations Bhd will only be pursued when its operations and financial performance is strengthened over the next five years.

Lembaga Tabung Angkatan Tentera (LTAT) aims to reduce its strategic asset holdings to 35% under 'Project Earth', while addressing the gap between investment costs and balance sheet value to ensure more competitive returns.

Malaysia’s Armed Forces Fund Board (LTAT) and its flagship company Boustead Holdings Bhd will be restructured under a new plan dubbed ‘Project Earth’.

Analysts are expecting plantation players to report stronger upstream earnings for the fourth quarter of 2024 (4Q24), supported by higher crude palm oil (CPO) prices which helped offset the impact of lower production.

The Armed Forces Fund Board (LTAT) has consistently reported a deficit in its reserves since 2020, according to the Auditor General's Report on Federal Agencies for 2022.

WHAT now for Lembaga Tabung Angkatan Tentera (LTAT)?

Nobody is indispensable. Not even the director-general of Tourism Malaysia or the chief executive of Lembaga Tabung Angkatan Tentera (LTAT). But when they leave their positions — whether upon demotion or abrupt resignation — it suggests that something is amiss. On this score, two minist...

The restructuring plan of the Armed Forces Fund Board (LTAT), which involves plans to restructure the business model and shareholdings in several strategic companies, needs to be managed more carefully and meticulously, said Defence Minister Datuk Seri Mohamed Khaled Nordin.

IN a few months, MKH Bhd will float the plantation assets under its wholly-owned MKH Oil Palm (East Kalimantan) Bhd ­(MKHOP) on Bursa Malaysia’s Main Market, in a move to tap growth opportunities near the new Indonesian capital Nusantara. The group’s existing (held via wholly-owned subsidary PT M...

THE immediate resignation of Lembaga Tabung Angkatan Tentera (LTAT) CEO Datuk Ahmad Nazim Abd Rahman from the armed forces fund was brought about by a letter from Minister of Defence Datuk Seri Mohamed Khaled Nordin dated Dec 15, 2023 — merely three days after he was appointed to head the ministr...

KUALA LUMPUR: A poser over 'retire or resign" has cropped up following the departure of General Tan Sri Raja Mohamed Affandi Raja Mohamed Noor as chairman of Lembaga Tabung Angkatan Tentera (LTAT).LTAT on Thursday announced that Raja Mohamed Affandi ...