Malaysian Mutual Funds Take Private Account of Boustead Assets
Malaysia ‘s military pension fund considers alternatives for its majority interest in Boustead Holdings Bhd like taking private conglomerate, said people with knowledge of the matter. Lembaga Tabung Angkatan Tentera, which owns a 59 per cent stake in Boustead, has been authorised for a loan to finance the transaction, one of the people. Boustead ‘s stock, an investment company with …