SHAH ALAM: Boustead Heavy Industries Bhd (BHIC) on January 8, 2024, announced that Contraves Advanced Devices Sdn Bhd (CAD) and Contraves Electrodynamics Sdn Bhd (CAE) dropped the suit against Boustead Naval Shipyard Sdn Bhd, its associate company. The release from BHIC to Bursa Malaysia: Further to the announcements dated 2 […]
SHAH ALAM: For the third day running (April 4 to 6), Dewan Negara debated on Defence Ministry issues. And for the second day running (April 5 to 6), it was about the LCS project. Defence Minister DSU Mohamad Hasan was in parliament yesterday to answer questions from the senators. It […]
SHAH ALAM: More details on BNS/BHIC legal woes. As part of its annual report, Boustead Heavy Industries Corporation Bhd, the publicly listed engineering subsidiary of Boustead Holdings Bhd, published the legal actions taken against the company for its shipbuilding activities. The shipbuilding activities is undertaken by its associate company, Boustead […]
SHAH ALAM: BHIC, BNS and directors sued. Boustead Heavy Industries Corporation Bhd (BHIC) on October 4 announced to Bursa Malaysia that the company; subsidiary BHIC Defence Technologies Sdn Bh; its associate company, Boustead Naval Shipyard and two of its directors have been sued. The announcement: The Board of Directors (“Board”) […]
SHAH ALAM: Abandon ship, scrap the LCS Part III. In the second part of these series, Malaysian Defence wrote that one of the reasons to scrap the project was the fact that Boustead Naval Shipyard (BNS) might have to take legal action against five companies involved in it. This was […]
Malaysian Defence
