Armed forces and police veterans group Patriot has called on the Armed Forces Fund Board (LTAT) to dispel doubts over the status of Boustead Heavy Industries Corporation Bhd (BHIC) following a drop in share prices.

The call came after BHIC traded lower at RM0.70 per share on Bursa Malaysia at the April 3 close, from RM1.00 two weeks ago. BHIC shares had traded RM1.24 at the start of the year on Jan 2.

LTAT is the controlling shareholder of BHIC with a direct 8.16 percent stake...