SHAH ALAM: The delay in nationalisation of Boustead Naval Shipyard (BNS) is also causing a delay in resumption of work for the first LCS – PCU Maharaja Lela. Confirming this today in a press conference in Parliament, Defence Minister DSU Mohamad Hasan said work on the first ship will only […]
SHAH ALAM: The Public Accounts Committee has made public its report on the LCS today which covers the period from October 2022 to May 2023. The report did not reveal anything much of about the project apart from confirming in a roundabout way that the LCS cost will go higher […]
SHAH ALAM: THE Dewan Rakyat will hold a debate in the next session of Parliament on the Public Accounts Committee (PAC) report regarding the LCS project. The debate will be held when the PAC report is published on October 9, the start of the third session of the current Parliament. […]
SHAH ALAM: The nationalisation of Boustead Naval Shipyard – the builder of the LCS – has been delayed for 30 more days or longer as the parties involved need more time to complete the deal. Boustead Heavy Industries Bhd (BHIC) announced the extension of the deal a day after the […]
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: The Public Accounts Committee (PAC) will hold an official work visit to Boustead Naval Shipyard (BNS) in Lumut, Perak with the Dewan Rakyat Speaker Tan Sri Johari Abdul on October 5. The visit was to check on the progress of the Second-Generation Patrol Vessel project or better known […]
SHAH ALAM: As promised earlier, posted below are the full transcript of the speech by Defence Minister DSU Mohamad Hasan on issues of his ministry at Parliament on September 18. Based on the transcript, there is no need to fix the earlier post. Mohamad in his speech spoke on various […]
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 […]
SHAH ALAM: Boustead Heavy Industries Corporation Bhd (BHIC), the heavy industry arm of Boustead Holdings Bhd, is selling its entire stake in Boustead Naval Shipyard Sdn Bhd (BNS) – the builder of the LCS – for RM1 – to Ocean Sunshine Bhd (OSB). OSB is an indirect unit of Minister […]
SHAH ALAM: Work on the LCS project is expected to start this September, RMN Chief Admiral TS Rahman Ayob said today. Speaking to the media in Kota Kinabalu today, he said the resumption of work was starting after the signing of the sixth supplementary contract on May 26. As reported […]
Malaysian Defence
