Veterans group call for LTAT to dispel doubts over BHIC's performance

Armed forces and police veterans group Patriot has called on the Armed Forces Fund Board (LTAT) to dispel doubts over the status of Boustead Heavy Industries Corporation Bhd (BHIC) following a drop in share prices.

The call came after BHIC traded lower at RM0.70 per share on Bursa Malaysia at the April 3 close, from RM1.00 two weeks ago. BHIC shares had traded RM1.24 at the start of the year on Jan 2.

LTAT is the controlling shareholder of BHIC with a direct 8.16 percent stake...