English

Levelling the playing field

Transparent and timely disclosures by listed companies are critical to facilitating informed investment decisions, enhancing corporate reputations as reliable and trustworthy organizations, promoting market efficiency and fairness, and preventing insider trading. This is especially so when it comes to the disclosure of material information to the public in according to Paragraphs 9.08 (1) and (2) of the Main Market and Ace Market Listing Requirements

As a highly geared holding company whose subsidiaries are mired in a myriad of challenges from the RM9.13 billion LCS contract to the PN17-affected pharma arm, it is understandable why some minority shareholders would welcome the conditional voluntary takeover offer by LTAT to acquire the remaining shares in Boustead Holdings Berhad.