SHAH ALAM: How much do you pay for a money losing shipyard? In the case of the Lumut Naval Shipyard Sdn Bhd (Lunas), a MOF-owned company – Ocean Sunshine Bhd (OSB) or Malaysian taxpayers – is paying RM334.73 million in cash for that privilege of owning just 20 per cent […]
SHAH ALAM: IT appears that work on the LCS has resumed or is starting this week as reported previously. Last week, Boustead Naval Shipyard (BNS) gifted folding bicycles to RMN LCS Project team. The bicycles will assist the RMN Project team members to conduct their tasks for the LCS project, […]
SHAH ALAM: IN the previous post on the nationalisation of Boustead Naval Shipyard (BNS), Malaysian Defence speculated that the cost of the project is now RM12.4 billion. This is because Ocean Sunshine Bhd (OSB) – the government owned company set up to take over BNS will be paying the BHIC […]
Malaysian Defence
