Defence minister: LTAT announces 5pc dividend, involving payment of RM485.08m

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Defence minister: LTAT announces 5pc dividend, involving payment of RM485.08m
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KUALA LUMPUR, April 4 — The Armed Forces Fund Board (LTAT) announced a dividend rate of five per cent for the year 2023 involving a total payment of RM485.08 million. Defence...

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Defence Minister Datuk Seri Mohamed Khaled Nordin said the amount of the payment was higher than RM476.45 million for 2022. “LTAT is expected to continue playing a role in advancing the country’s economy through its participation through various fields,” he told reporters after the LTAT 2023 dividend announcement at Hotel Royale Chulan, here today.Meanwhile, commenting on the alleged financial crisis involving LTAT, Mohamed Khaled said it was an unfounded accusation.

“We will make sure that all the plans will be successful based on things that we believe are good for the future of LTAT besides protecting the interests of the contributors,” he said.

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