No police report for now: LTAT

KUALA LUMPUR (Oct 1): The top management of Lembaga Tabung Angkatan Tentera (LTAT), which declared yesterday its lowest-ever annual dividend of 2% for 2018, does not believe there is any criminal element behind the financial irregularities that it found occurred under the leadership of Tan Sri Lodin Wok Kamaruddin.

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1MDB details Bandar Malaysia deal after receiving flak over discrepancy

KUALA LUMPUR (Jan 6): As 1Malaysia Development Bhd (1MDB) received flak over its statement that the sum it quoted under the Bandar Malaysia deal is subject to revision, the state investment fund further clarified today aspects of the deal with the consortium of Iskandar Waterfront Holdings Sdn Bhd (IWH) and China Railway Engineering Corp (M) Sdn Bhd (CREC).

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LTAT keen on Bandar Malaysia?

KUALA LUMPUR: Lembaga Tabung Angkatan Tentera (LTAT) is said to be keen on taking part in 1Malaysia Development Bhd’s (1MDB) multibillion-ringgit Bandar Malaysia development, according to sources familiar with the project.

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Affin’s land deal is affordable but pricey

KUALA LUMPUR (Aug 12): Besides the bearish market sentiment, the purchase of land in Tun Razak Exchange (TRX) at a record high transaction price has accelerated the fall in Affin Holdings Bhd’s share price, which hit a 3½-year low yesterday.

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Affin Bank buys land from 1MDB

KUALA LUMPUR (Aug 11): Affin Bank Bhd, which is controlled by Lembaga Tabung Angkatan Tentera (LTAT), is paying RM255 million cash to buy a parcel of land in the Tun Razak Exchange (TRX) — a property development project wholly owned by 1Malaysia Development Bhd (1MDB).

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