The Armed Forces Fund Board’s (LTAT) efforts to implement the possible general offer involving Boustead Plantations Bhd (BPlant) remains ongoing, subject to obtaining the requisite approvals.
The Armed Forces Fund Board has stated its intentions to acquire Boustead Plantations Bhd by making a general offer for shares it does not own in BPlant at an offer price of RM1.55 per share.
The Malaysian Armed Forces Veterans Association has urged Prime Minister Datuk Seri Anwar Ibrahim to intervene and resolve the issue surrounding the sale of 33% of Boustead Plantations Bhd's (BPlant) shares to a private company.
A deeper look at private jet operator Jet Valet Sdn Bhd, whose Beechcraft Model 390 aircraft crashed in Bandar Elmina, Shah Alam last month, has revealed the presence of prominent corporate figures whose other entities have come under the radar of authorities.
