SHAH ALAM: LTAT Mulls Boustead Privatisation. The Armed Forces Fund Board (LTAT) the controlling shareholder of Boustead Holdings Bhd (BHB), is mulling plans to delist the publicly listed company. However there is no indication whether it will also do so for Boustead’s subsidiary company, Boustead Heavy Industries Corporation Bhd (BHIC) […]
SHAH ALAM: Boustead gets new chairman. Boustead Holdings Bhd has appointed former Johor MB Khaled Nordin as its new chairman, effective on May 1. Khaled’s appointment was announced by Boustead on April 30. In its release, Boustead stated that Khaled was appointed as a non-independent, non executive chairman of the […]
SHAH ALAM: Changes at Boustead. On April 8, this year, DS Amrin Awaluddin was appointed MD of Boustead Holdings, the public listed company controlled by the Lembaga Tabung Angkatan Tentera (LTAT). He replaced TS Che Lodin Wok Kamaruddin, who resigned from Boustead on Dec. 31, 2018. Boustead’s subsidiary Boustead Heavy […]
SHAH ALAM: LMS price reduction. It appears that the review of defence contracts announced by Defence Minister Mohammad Sabu shortly after being appointed in May, 2018, has been completed and the first one to be made public, is apparently the deal for the four LMS for the RMN. The price […]
SHAH ALAM: The Defence Ministry is seeking liquidated damages totalling RM147.7 million from Boustead Heavy Industries Corp (BHIC) Bhd subsidiary, Boustead DCNS Naval Corp Sdn Bhd, for breaching its Scorpene submarines support contract. In a filing to the Bursa Malaysia on July 11, BHIC says Boustead DCNS, received a letter […]
SHAH ALAM: THE PDRM is supposed to get the allocation to procure a number of giant patrol vessels, according to a report by Bernama on Tuesday. Well at least in the Bahasa Malaysia version of that report, as the English one say: Giant Patrol Vehicles! The reports quoted PDRM director […]
PETALING JAYA: In conjunction with RMN’s 78th anniversary, its chief Tan Sri Aziz Jaafar hold a press conference to announce various events organised for the celebrations. There will be open days at all RMN bases, on April 27 and 28, 2012. During the press conference, the CN also gave some […]
PETALING JAYA: IT is reported today that Boustead Naval Shipyard has awarded two contracts for its sister companies as part of the SGPV programme. As I had mentioned before updates on the SGPV programme is coming in drips. Fun for BNS of course but not for us the defence junkies! […]
PETALING JAYA: No, sdr Amin Shah has not returned from his self-imposed exile (UAE, I am told) but it appears that his playbook from the NGPV is being played out in the SGPV (the official name of the Laksamana class) programme, This is the best description I could give to […]
KUALA LUMPUR: I had refrained from making any comments on the new ceiling price for the new RMN SGPV/LCS/frigate as awarded to Boustead Naval Shipyard announced on Friday. Yes I did mentioned I believed the cost will go higher but thats it. My hesitation is based on the fact that […]
Malaysian Defence
