SHAH ALAM: Deputy Defence Minister Adly Zahari told Dewan Rakyat today that the additional time given to Boustead Naval Ship (BNS) to complete the five the LCS was one of the reasons for the increase in cost of the project. He said the additional time given was part of the […]
SHAH ALAM: Even though LMS Batch 2 was the underlying factor at LIMA 2023, there was also talk on upgrading the Kedah-class ships or known in the RMN as the Skuadron 17 Patrol Vessel (PV). PV17 Squadron is the formal name for the six-strong Kedah class ships, namely KD Kedah […]
SHAH ALAM: This is the second story on the contracts, LOI and LOA announced at LIMA 2023 on May 25. Due to time constraints Malaysian Defence was unable to post the whole story on the day itself. Yesterday, the first story on the Army contracts was published. This post will […]
LANGKAWI: The cost for the five-ship LCS project has been bumped up for around RM2 billion more. The figure was released by Boustead Heavy Industries Corporation Sdn Bhd (BHIC) in a Bursa Malaysia announcement today (May 26). The cost for the five ships is now RM11.2 billion compared to RM9.1 […]
SHAH ALAM: KD Terengganu sailing the waves again. Back in June 2019, Malaysian Defence wrote that KD Terengganu -pennant number 174 – will undergo a refit at the Boustead Naval Shipyard in Lumut, Perak. BNS announced it got the RM96 million contract in an announcement to Bursa Malaysia. Late last […]
SHAH ALAM: For the third day running (April 4 to 6), Dewan Negara debated on Defence Ministry issues. And for the second day running (April 5 to 6), it was about the LCS project. Defence Minister DSU Mohamad Hasan was in parliament yesterday to answer questions from the senators. It […]
SHAH ALAM: More on the LCS. It has become apparent that the LCS project is the actual never-ending story. Thanks to questions in Dewan Negara or Senate we now know more about the project. Deputy Defence Minister Adly Zahari answering the questions on the floor stated that since the government […]
SHAH ALAM: Boustead Heavy Industries Corp Bhd (BHIC) has appointed Feroz Razi Ramli, 45 as its new chief executive officer. Feroze replaces Sharifuddin Zaini Al-Manaf, 53, who completed his tenure as CEO after holding the post since April 1, 2020, the group said in a bourse filing on March 31. […]
SHAH ALAM: It appears as part of its privatisation exercise of Boustead Holdings, Lembaga Tabung Angkatan Tentera (LTAT) is looking at whether it is feasible to divest from the defence business, The Edge quoted LTAT CEO Nazim Abdul Rahman. He said as part of the LTAT transformation they will need […]
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 […]
Malaysian Defence
