The Armed Forces Fund Board (LTAT) has announced a 12.5 percent bonus and dividend payment for members who are eligible, beginning tomorrow.

Defence Minister Hishammuddin Hussien said the bonus and dividend payment involved a total value of RM686.8 million.

“The dividend and bonus comprised six percent dividend and 6.5 percent special bonus in the form of unit trust, which would be given free of charge to active contributors.

“The dividend and bonus would begin to be credited into the accounts of members who contribute, beginning tomorrow,” Hishammuddin said at a media conference for the “Program Jualan Sentuhan Rakyat” at Dewan Seroja, Mindef Camp in Kuala Lumpur.

He also announced that LTAT registered a net revenue of RM667.1 million for the year ended Dec 31 last year, up 12.1 percent or RM72.1 million compared the revenue of RM595 million in 2016.

- Bernama