SHAH ALAM: More details on BNS/BHIC legal woes. As part of its annual report, Boustead Heavy Industries Corporation Bhd, the publicly listed engineering subsidiary of Boustead Holdings Bhd, published the legal actions taken against the company for its shipbuilding activities. The shipbuilding activities is undertaken by its associate company, Boustead […]
SHAH ALAM: More pictures of RMAF MSA. A few days back one of Malaysian Defence regular commenters asked about the RMAF CN-235 Maritime Surveillance Aircraft (MSA). As the MSA/MPA capability/community is one of the things RMAF do not talk about – one of the Beechcraft King Air had a Rahsia […]
SHAH ALAM: Rubber dinghies and seven-tonne trucks. The Armed Forces will be buying an undetermined number of the rubber inflatable boats and seven-tonne trucks for flood rescue operations. The Cabinet has approved an allocation of RM10 million for the Defence Ministry to procure the boats and trucks, Defence Minister DSU […]
SHAH ALAM: Not an LMS Batch 2 candidate. An Algerian Navy El Moutassadi – pennant number 940 – corvette came alongside the National Hydrographic Centre at Port Klang on March 3. The ship likely stopped here for refuel and rest break following its delivery from China. Algerian Navy previous visit […]
SHAH ALAM: Pasukan Udara Tentera Darat – the Army Air Wing – (PUTD) has issued four quotation notices to supply parts and spares for the MD530G light helicopters operated by the Rejimen 883 (ad hoc). The seven-day quotation notices confirmed what Malaysian Defence posted previously that the Army intends to […]
SHAH ALAM: Lembaga Tabung Angkatan Tentera – the Armed Forces Provident Fund (LTAT) is doubling down on Boustead Holdings Bhd, by offering to take the listed company private. LTAT in a statement said the offer will allow it greater flexibility to implement the turnaround plan for Boustead. The statement: NOTICE […]
SHAH ALAM: Going, going, gone? Last January 19, the Defence Ministry announced it had cancelled five contracts for “supply, services, and infrastructure projects”. It did not identify the contracts though but stated that it will implement the projects via a tender process. Checks with industry sources only revealed one of […]
SHAH ALAM: Another Boustead company facing issues. Pharmaniaga Bhd, a listed company in Bursa Malaysia and a subsidiary of Boustead Holdings which in turn majority owned by Lembaga Angkatan Tentera Malaysia (LTAT) – the Armed Forces Provident Fund – reported losses for the 2022 fiscal year. This pushed the company […]
Malaysian Defence
