SHAH ALAML Boustead Heavy Industries Corporation Bhd (BHIC) has appointed former RMAF chief TS Roslan Saad,68, as its independent non-executive chairman. The company which lost some RM14 million when it divested its stake in Contraves Advanced Devices Sdn Bhd earlier this week made the announcement on December 26. The Edge […]
SHAH ALAM: Its now confirmed, the LMS Batch II will be an Ada class corvette. Though which variant is selected and the equipment fit is currently being determined. Defence Minister DS Khaled Nordin in a written reply to a question in Parliament on March 13 stated that the government had […]
LANGKAWI: The cost for the five-ship LCS project has been bumped up for around RM2 billion more. The figure was released by Boustead Heavy Industries Corporation Sdn Bhd (BHIC) in a Bursa Malaysia announcement today (May 26). The cost for the five ships is now RM11.2 billion compared to RM9.1 […]
SHAH ALAM: The Ministry of Finance, the Edge reported, has taken over the offshore patrol vessel project from the builder THHE Destini JV. Interestingly, the report also said that the project needed a loan of RM152.6 million from the government to complete the first vessel within this year (which is […]
SHAH ALAM: He said, she said, Part II. In an earlier post, I asked will the attempt of transparency prompted by the LCS scandal prevent the MALE UAS, MPA and FLIT-LCA from becoming like the MD-530G and LCS projects or will Rahsia supersede everything even shenanigans, corruption, and collusion. Today […]
Malaysian Defence
