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: Boustead Heavy Engineering Corporation Bhd (BHIC) shareholders has voted in favour of all resolutions at its extraordinary general meeting, yesterday. The EGM was held virtually. From New Straits Times: KUALA LUMPUR: Boustead Heavy Industries Corporation Bhd (BHIC) has received shareholders’ approval for the debt settlement amounting to RM417 […]
SHAH ALAM: The nationalisation of Boustead Naval Shipyard (BNS) – the builder of the LCS – has been delayed again, for the third time. The new deadline is now December 31, extended from the previous deadline of December 1. I am pretty sure that the process will be delayed for […]
SHAH ALAM: The Public Accounts Committee (PAC) of Dewan Rakyat has published its latest report on the LCS project today. The report covers the period of June and September, this year, is available on the Dewan Rakyat website. The last report covered the period between October 2022 and May, this […]
SHAH ALAM: Boustead Heavy Industries Corporation Bhd (BHIC), the heavy industry arm of Boustead Holdings Bhd, is selling its entire stake in Boustead Naval Shipyard Sdn Bhd (BNS) – the builder of the LCS – for RM1 – to Ocean Sunshine Bhd (OSB). OSB is an indirect unit of Minister […]
Malaysian Defence
