Wednesday, September 28, 2011

LTAT ups Boustead Holdings stake to 60%

KUALA LUMPUR: Lembaga Tabung Angkatan Tentera (LTAT), the major shareholder of BOUSTEAD HOLDINGS BHD [], raised its stake in the company with the recent acquisition of 6.789 million shares on Sept 12.

A filing with Bursa Malaysia on Wednesday, Sept 28 showed the armed forces superannuation fund's'' shareholding increased to 564.11 million shares or 60% after the recent acquisition.

Boustead share price closed at RM5.30 on Sept 12.

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