South Koreans hoping to taste authentic North Korean cuisine abroad may be out of luck, with Pyongyang-run restaurants across northern China saying they will refuse to serve their capitalist compatriots.
KUALA LUMPUR: The restructuring exercise of the financially turbulent Boustead Group is needed to resolve legacy issues and transform the Armed Forces Fund Board into a sustainable retirement fund that generates good dividends, says Datuk Seri Mohamad Hasan.
He also noted that Boustead Holdings Bhd, which is part of the Boustead Group, recorded its first loss in 2018 since its listing on Bursa Malaysia. He added that restructuring Boustead Group will enable LTAT to reduce its dependence on the group for earnings.Among them are the diversification of assets by 50% and only limiting asset holdings in Boustead to 15%, increasing the asset liquitability from 20% to 60% and recouping LTAT's investment in Boustead which can later be reinvested in competitive assets which will ensure sustainable returns.
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