Minister: LTAT at risk of liquidity issues, Boustead Plantation sale needed

Sale of Boustead Plantations Berhad is necessary to increase the assets liquidity of Armed Forces Fund Board (LTAT), the Dewan Rakyat heard today.

Defence Minister Mohamad Hasan said LTAT, which manages the pension fund for the armed forces, currently has assets liquidity of less than 20 percent.