BHIC gets RM1.1bil Mindef contract


PETALING JAYA: Boustead Heavy Industries Corp Bhd (BHIC) has accepted a letter of award worth RM1.1bil from the Ministry of Defence Malaysia for the in-service support 2 performance-based contract for the Royal Malaysian Navy Prime Minister class submarines.

In a filing with Bursa Malaysia, BHIC said the contract was awarded to its wholly-owned subsidiary, BHIC Submarine Engineering Services Sdn Bhd (BSES).

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
BHIC , Mindef , contract

Next In Business News

Japan's Nikkei hits record high on loose policy hopes, weaker yen
FBM KLCI holds firm above 1,700
Ringgit opens lower against US$ but higher vs major currencies
Global EV sales growth likely to slow after 20% jump in rocky 2025, research firm says
Trading ideas: Capital A, LBS Bina, Rimbunan Sawit, Selangor Dredging, Vstecs, Velocity, Jetson, PetDag, Foodie Media
Oil prices rise on potential Iran supply disruption
Wall St falls with financials amid credit-card rate plan concern
Foodie Media� 1Q revenue at RM13mil
Ex-Lazard banker’s insider tips reap US$41mil haul
AirAsia X to be renamed AirAsia from next week

Others Also Read