“With reference to a press release issued by Boustead Heavy Industries Corp Bhd (BHIC) dated Nov 26, Boustead supports BHIC’s stance in filing a report to the MACC on possible irregularities in its associate company, Boustead Naval Shipyard Sdn Bhd (BNS), " it said.
PETALING JAYA: Boustead Holdings Bhd has reaffirmed its commitment to uphold integrity and anti-corruption practices, less than a week after its subsidiary lodged a report to the Malaysian Anti-Corruption Commission (MACC) on possible irregularities in a RM9bil project undertaken by its associate company.
The conglomerate, which is majority owned by the Armed Forces Fund Board with a 59.4% stake, said “highest standards of integrity, accountability and professionalism” are practised throughout its operations and units.
“With reference to a press release issued by Boustead Heavy Industries Corp
Bhd (BHIC) dated Nov 26, Boustead supports BHIC’s stance in filing a report to the MACC on possible irregularities in its associate company, Boustead Naval Shipyard Sdn Bhd (BNS).
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