Defence Contract

RMN New 15-to-5 Plan

SHAH ALAM: The re-alignment of the RMN 15-to-5 plan means the service will have two more classes of ships, which had not been mentioned in the old one. The two classes are designated as the support group – four mine-hunters and two hydrographic ships. It must be noted under the […]

Defence Contract

An Ada Class Coming to Town

SHAH ALAM: TCG Kinaliada – the fourth ship of the Ada class – will be visiting Malaysia in mid-May as part of a five month deployment to Japan and neighbouring countries. The ship according to Defense News left Turkiye on April 8. The publication stated: The navy deployed its Ada-class […]

Defence Contract

First LCS Down Slip Delayed?

SHAH ALAM: In his testimony to the Public Accounts Committee (PAC) in January this year, Defence Ministry secretary-general DS Isham Ishak said that the first LCS – PCU Maharaja Lela – is expected to be put into water (down slip) on schedule this May. That said, he said a slight […]

Defence Contract

Its Lunas Langkawi Shipyard Now

SHAH ALAM: IT appears that Boustead Heavy Industry Corporation Bhd (BHIC) has not only sold off Boustead Naval Shipyard Sdn Bhd (BNS) to MOF Incorporated company, Ocean Sunshine Sdn Bhd, it has also divested the Boustead Langkawi Shipyard Sdn Bhd to the same entity. Now Lumut Naval Shipyard or Lunas […]

LTAT

LTAT left Leaderless, Updated.

SHAH ALAM: Lembaga Tabung Angkatan Tentera (LTAT) – the Armed Forces Fund Board – is left leaderless after its chairman TS Raja Mohamed Affandi Raja Mohamed retired yesterday. LTAT issued a statement that he had retired. His retirement came a week after the resignation of the CEO Ahmad Nazim Abd […]

1Malaysia

Its LUNAS!

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. The release: Lumut, Perak, Malaysia – 24 January 2024: […]

Defence Contract

Its Lumut Naval Shipyard

SHAH ALAM: THE full privatisation of Boustead Naval Shipyard (BNS) – it appears – has gone through with the company now renamed as Lumut Naval Shipyard (LNS). As part of the deal, the government via its MOF Incorporated Company, Ocean Sunshine Berhad (OSB) – will inject some RM190 million as […]

Defence Contract

Suit Against BNS Dropped

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 […]