KUALA LUMPUR (June 23): Diversified group Boustead Holdings Bhd (BHB), the 59.42%-owned investment arm of Lembaga Tabung Angkatan Tentera (LTAT), saw its shares surge as much as 26.6% to hit an intra-day high of 78.5 sen in early trade as talk of a possible…

WITH its debt at a massive RM7.5bil, it is no wonder that talk is that Boustead Holdings Bhd’s asset monetisation programme is shifting to higher gear. Word is that its crown jewel, namely, its holding stake in Affin Bank Bhd, could be next.

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