Defence Contract

Ready for RIMPAC 2024

SHAH ALAM: Lumut Naval Shipyard (Lunas) announced today that KD Lekiu had been towed to the RMN naval jetty in Lumut on April 12. The shipyard had stated on February 6 stated that the ship came into the yard -six days earlier for an emergency defect repair as preparation to […]

Public Accounts Committee

Not Shocking or Worrying at All

SHAH ALAM: Despite Public Accounts Committee (PAC) chairperson Mas Emieyarti Samsudin statement last month that the committee was shocked and worried about the delays into the LCS, it appears that it was much ado about nothing. The PAC report which was made public today revealed that the LCS project had […]

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 […]

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 […]