Boustead Heavy Industries JV accepts RM15.72mil contract from Defence Ministry

KUALA LUMPUR: Boustead Heavy Industries Corp Bhd's (BHIC) 51%-owned BHIC Bofors Asia Sdn Bhd has accepted a RM15.72mil contract from the Ministry of Defence for the supply and delivery of spares, maintenance and training for the Royal Malaysian Navy's Bofors 57MM/L70 gun.

In a filing with Bursa Malaysia, it said the contract is for a period of three years from the date of the acceptance.