SHAH ALAM: Lumut Naval Shipyard Sdn Bhd on January 24 formerly announced that it’s acronym should be LUNAS instead of LNS. The new name came from its rebranding from Boustead Naval Shipyard (BNS). The company is now a MOF Incorporated company.
Lumut, Perak, Malaysia – 24 January 2024: Lumut Naval Shipyard Sdn Bhd (LUNAS), formerly known as Boustead Naval Shipyard Sdn Bhd (BNS), announces a significant rebranding activity, marking a new era of maritime and defence excellence. This strategic move reflects LUNAS’ commitment to re-align with its stakeholders’ objectives and values, setting sail for a trajectory of accelerated growth.
Driven by a vision to be a trusted partner for innovative solutions, LUNAS’ rebranding goes beyond aesthetics. It’s a meticulously crafted strategy designed to navigate the dynamic tides of the maritime industry. LUNAS remains an unwavering pillar for national security through naval shipbuilding, while expanding its horizons for comprehensive maritime services.
LUNAS embodies the essence of our brand, and the company’s dedication to nation building and uncompromising excellence in every endeavours.
Fuelled by a legacy of success and a dynamic spirit, LUNAS remains committed to supporting Malaysia’s maritime ambitions. The company pledges to uphold the highest standards of excellence, delivering innovative solutions that meet the evolving needs of the industry and its clients.
About Lumut Naval Shipyard Sdn Bhd (LUNAS):
LUNAS is a leading player in the Malaysian maritime and defence industries, boasting a rich heritage and an unwavering commitment to technological advancement. The company specializes in naval shipbuilding and a range of maritime services, serving as a trusted partner and delivering excellence since 1991.
It is interesting to note that the literal translation to English of Lunas is settle. Let us hope the company and its personnel settled its debt to the taxpayers, RMN and the nation by completing the LCS project. Whether or not the taxpayers feels that the company had settled its debt by completing the project, is beyond me.
And will be the final cost or damage? My current calculation is that the LCS project will cost around RM14 billion. And it could go higher when the dust finally settles.
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