Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
KUALA LUMPUR: The Armed Forces Fund Board (LTAT) has been given a three month extension until Oct 27 by the Securities Commission to come up with a firm deal to takeover 59% owned Boustead Holdings Bhd.
Boustead, in a filing with Bursa Malaysia today, said the press notice by LTAT does not amount to a firm intention to proceed with the proposed privatisation plan.
"Accordingly, there can be no certainty that LTAT will proceed with the proposal," it said.