SEGAMAT: The Armed Forces Fund Board (LTAT) has declared a dividend of 4.1% for the financial year ended Dec 31, 2021, the highest since the change of government in 2018, says Datuk Seri Ismail Sabri Yaakob.

       The Prime Minister said at the moment, LTAT was in the midst of implementing its transformation plan which started in 2019.

       “Under Pakatan, the dividend was low. But under the current Defence Minister, it has improved.

       “In terms of revenue for the financial year 2021, I would like to inform that LTAT has recorded a higher increase in gross income of 50.2% to RM512.3mil compared to RM341.1mil last year,” he said in his speech at Kem Segamat here on Sunday (March 6).