Malaysia's Armed Forces Pension Fund seeks to privatise Boustead

Malaysia's Armed Forces Pension Fund seeks to privatise Boustead

The Petronas Towers peek through palm trees. Kuala Lumpur, Malaysia.

Malaysia’s armed forces pension fund is considering a proposal to privatise Boustead Holdings Bhd, where it owns 59 per cent stake. It is looking at an indicative price of 80 sen per share.

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