Boustead Heavy Industries gets contract extension from Defence Ministry
PETALING JAYA: Boustead Heavy Industries Corp Bhd (BHIC) has been awarded a contract extension worth RM3.5mil from the Ministry of Defence Malaysia for the upkeep of the Royal Malaysian Navy’s submarine facilities.

In a filing with Bursa Malaysia, BHIC said the initial contract period was for 45 days from Jan 1, 2024 until Feb 14, 2024.

BHIC said a formal contract with the Malaysian Government will be finalised and executed at a later date.

"The contract will contribute positively to the earnings of the BHIC Group for the financial year ending 31 December 2024," it said.
Corporate News,BHIC,Boustead Heavy Industries,Royal Malaysian Navy
PETALING JAYA: Boustead Heavy Industries Corp Bhd (BHIC) has been awarded a contract extension worth RM3.5mil from the Ministry of Defence Malaysia for the upkeep of the Royal Malaysian Navy’s submarine facilities.