BHIC wins RM140mil submarine contracts

KUALA LUMPUR: Boustead Heavy Industries Corp Bhd (BHIC) has secured two contracts worth a total of RM140mil from the Defence Ministry.

In a Bursa filing, BHIC said its wholly owned subsidiary, BHIC Submarine Engineering Services Sdn Bhd (BSES) was awarded a contract for the interim in-service support for the Royal Malaysian Navy Prime Minister’s Class Submarines at a contract value of RM99.8mil.

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Boustead Heavy Industries , BHIC , Navy , BHIC Submarine Engineering

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