KUALA LUMPUR (Oct 3): The lowest ever dividend payout of 2% declared by Lembaga Tabung Angkatan Tentera’s (LTAT) for the financial year 2018 was due to a lower net profit of RM221 million in 2018 despite achieving a gross income of RM423 million.
KUALA LUMPUR (Oct 1): Defence Minister Mohamad Sabu has come out in defence of Lembaga Tabung Angkatan Tentera (LTAT) over its announcement yesterday of a record low dividend payout for 2018, saying LTAT had carried out its duty to generate sustainable returns for its members.
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.
KUALA LUMPUR (Sept 27): The findings of an investigative audit into Lembaga Tabung Angkatan Tentera (LTAT) unearthed significant financial irregularities and weaknesses that took place under the leadership of Tan Sri Lodin Wok Kamaruddin, who stepped down as its chief executive officer in September last year.
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).