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LTAT CEO: Portion of funds used to settle debts

PETALING JAYA: Boustead Holdings Bhd had to take over debt-laden PSC Industries Bhd (PSCI) after the privatisation of the construction of Navy ships had failed, says Armed Forces Pension Fund (LTAT) chief executive officer Datuk Ahmad Nazim Abdul Rahman.

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Ahli PAC sudah lawat Lumut Shipyard: Hishammuddin

SHAH ALAM - Menteri Pertahanan, Datuk Seri Hishammuddin Tun Hussein memaklumkan Jawatankuasa Kira-Kira Wang Negara (PAC) telah melakukan lawatan ke tempat pembinaan kapal tempur.

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LTAT CEO explains that all six LCS ships must be built together, RM6b bulk order purchase to save cost

KUALA LUMPUR, Aug 10 Datuk Ahmad Nazim Abdul Rahman, CEO of the Armed Forces Pension Fund (LTAT) has explained why none of the six Littoral Combatant Ships (LCS) purchased by.

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LCS construction ongoing in Lumut, says LTAT boss

PETALING JAYA: Construction of the littoral combat ships (LCS) is in progress at the Lumut Shipyard, says Armed Forces Pension Fund (LTAT) chief executive officer Datuk Ahmad Nazim Abdul Rahman.

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TLDR: An Unfinished Defence Project Worth Billions - What Is The LCS And Why Do Politicians Care So Much About It?

6 combatant ships were supposed to build and delivered to the government by end of next year with five of those ships supposedly having been completed this month – but no ships are yet to be delivered despite the government had forked out RM6.083 billion so far.

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