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: 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: Five-year contract for Sukhoi’s simulators. Publicly listed HeiTech Padu Bhd has announced that it had been awarded a RM67 million, five-year contract to operate and maintain the Su-30MKM flight simulators at the RMAF airbase in Gong Kedak. The company made the announcement to Bursa Malaysia on September 9, […]
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
