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 […]

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: […]