News: LTAT to dilute interest in Boustead to 51pc

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2 comment(s). Last comment by nasaie24 2012-03-06 09:32

lotsofmoney

914 posts

Posted by lotsofmoney > 2012-03-06 09:11 | Report Abuse

51% is still a lot of shares. I just wonder why the sudden need for money?

nasaie24

1,250 posts

Posted by nasaie24 > 2012-03-06 09:32 | Report Abuse

LTAT is advised by ING Bank Malaysia. They dillute simply because theres no need for extra shares. 51% enough for control. ING is stupid they dont know Boustead will continue to go up over the next few years.

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