Boustead inks MoU with Malaysian Navy

KUALA LUMPUR: Boustead Holdings Bhd's unit Boustead Naval Shipyard Sdn Bhd (BNS) and the Royal Malaysian Navy are teaming up to share their expertise in the shipbuilding industry.

BNS had on Friday inked an MoU with the navy in the transfer and sharing of skills, knowledge and abilities, especially in the shipbuilding industry.

Both parties were keen in seconding personnel to boost the efficiency and productivity in terms of human resources in the industry.

"BNS and the navy may also cooperate in any activity beneficial to both parties, the details of which will be highlighted in specific documents related to such activities," Boustead said.

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