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LTAT Aims to Sustain Competitive Dividend Payouts: Mohamed Khaled

Kuantan: The Armed Forces Fund Board (LTAT) is committed to maintaining a competitive dividend payout, subject to investment returns and the performance of its portfolio companies. Defence Minister Datuk Seri Mohamed Khaled Nordin affirmed LTAT's dedication to this goal, emphasizing the agency's capacity to sustain a dividend rate of at least five per cent over the past two to three years, reflecting its resilience amidst market challenges.

According to BERNAMA News Agency, Mohamed Khaled commented on the target of achieving a six per cent dividend, highlighting that LTAT's management will endeavor to meet this projection, contingent on the robust performance of its investment companies. 'The dividends depend on LTAT's investment returns. I have asked them to intensify their efforts. If LTAT's income is high, there is no reason not to provide higher dividends,' he stated during the closing ceremony of the East Coast edition of 'Jelajah Wira LTAT' at the Kuantan Air Base.

In discussing the Future Force (Angkatan Masa Hadapan), Mohamed Khaled emphasized the importance of developing a more skilled, knowledgeable, and competent force capable of utilizing modern technological applications. He noted that addressing existing challenges requires integration among the three services: the Army, the Royal Malaysian Navy (RMN), and the Royal Malaysian Air Force (RMAF).

Mohamed Khaled further mentioned that the Malaysian Armed Forces (MAF), which currently consists of about 110,000 personnel, will continue its annual recruitment efforts to achieve the targeted optimal force size.

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