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BNS Nationalisation Delayed Again, Fourth Time

2 January 2024 Marhalim Abas 4

SHAH ALAM: Boustead Naval Shipyard (BNS) nationalisation has been delayed again, for the fourth time. Malaysian Defence has expected this as the third deadline for the exercise – BNS being sold to a MOF Incorporated company, Ocean Sunshine Bhd – was on December 31. Boustead Heavy Industries Corporation Bhd (BHIC) […]

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BHIC Shareholders Voted in Favour

30 December 2023 Marhalim Abas 7

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 […]