Boustead gets takeover offer from LTAT at 85.5 sen per share

Boustead Holdings Bhd (BHB) has received a conditional voluntary takeover offer to acquire all the remaining 822.51 million ordinary shares (40.58 percent) in BHB for 85.5 sen per share from Lembaga Tabung Angkatan Tentera (LTAT).

BHB said as of the latest practicable date, LTAT directly holds 1.20 billion BHB shares representing...