SHAH ALAM: Boustead Heavy Industries Bhd (BHIC) on January 8, 2024, announced that Contraves Advanced Devices Sdn Bhd (CAD) and Contraves Electrodynamics Sdn Bhd (CAE) dropped the suit against Boustead Naval Shipyard Sdn Bhd, its associate company. The release from BHIC to Bursa Malaysia: Further to the announcements dated 2 […]
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) […]
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: Boustead Heavy Engineering Corporation Bhd (BHIC) is scheduled to hold an extraordinary general meeting this Friday. Among others the public listed company shareholders will vote the proposed disposal of Boustead Naval Shipyard (BNS) to MOF Incorporated company, Ocean Sunshine Bhd (OSB). The resolutions are likely to be passed […]
SHAH ALAM: Soon to be owned by Ministry of Finance Incorporated, Boustead Naval Shipyard – the builder of the LCS and RMN main workshop – is looking for workers. It is likely the workers are needed not just for the resumption of work for the LCS but for the ship […]
SHAH ALAM: Kota Tinggi MP and former Higher Education Minister, DS Khaled Nordin, 65, has been appointed as the 21st Defence Minister today (December 12 2023). He replaces DSU Mohamad Hasan, the Rembau MP who is now the Foreign Minister, part of the reshuffle of the PMX Cabinet. Mohamad was […]
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: The town of Lumut and the parliamentary constituency is the location of the RMN main naval base which bears the same name. It used to be known as RMN fleet headquarters until the service decided to split its fleet into two, the Western and Eastern commands. As it […]
SHAH ALAM: Dewan Rakyat was told on Tuesday that the government will finally approve the funding for the RMN’s multi-role support ship in RMK13, some 30 years after it was proposed. Deputy Defence Minister Adly Zahari said RMN 15 to 5 Transformation Plan called for the procurement of three MRSS […]
Malaysian Defence
