SHAH ALAM: BHIC subsidiary gets RM78 million submarine related contract. Boustead Heavy Industries Corp Bhd’s (BHIC) wholly-owned subsidiary has been awarded a contract worth RM78.14 million from the Ministry of Defence (Mindef) for the upkeep of submarine facilities for the Royal Malaysian Navy. In an announcement to Bursa Malaysia, BHIC […]
SHAH ALAM: ISS contract to BDNC. Boustead Heavy Industries Corporation Bhd (BHIC) on June 16 announced its subsidiary company, Boustead DCNS Naval Corp Sdn Bhd (BDNC) was awarded a RM154.3mil contract from the Defence Ministry. BDNC — 60%-owned by BHIC’s unit BHIC Defence Technologies Sdn Bhd and 40%-owned by France’s […]
SHAH ALAM: Boustead subsidiary hit with another claim. Boustead Heavy Industries Corporation (BHIC) Bhd’s subsidiary company – Boustead DCNS Naval Corporation Sdn. Bhd. (BDNC) has received another claim from the Defence Ministry over its ISS contract for the Perdana-Menteri class submarines. The claim is made against the extended ISS contract […]
Malaysian Defence