BHIC to focus on providing services to the Navy

PETALING JAYA: After a challenging 2014, Boustead Heavy Industries Corp Bhd (BHIC) is looking forward to a “much brighter future” and will continue to make its shipbuilding activities for the Royal Malaysian Navy its top priority, according to chairman Tan Sri Lodin Wok Kamaruddin.

He said the volatility of the global and Malaysian economies last year, as well as the plunging prices of crude oil and depreciating ringgit, had played a role in affecting its operations.