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GEORGE TOWN: Bayan Baru MP Sim Tze Tzin tendered an apology in the High Court to Boustead Holdings Bhd, who then withdraw its defamation suit against him on Thursday.
GEORGE TOWN: Boustead Holdings Bhd will get RM20mil as compensation for scaling down the height of its proposed hotel at the Unesco World Heritage site here.
KUALA LUMPUR: The acquisition of the Second Generation Patrol Vessel Littoral Combatant Ships (SGPV-LCS) was not made through open tender because it was a continuity of the privatisation agreement signed between the Government and Boustead Naval Shipyard Sdn Bhd (BNS) on Dec 11, 1995, Parliament was told Tuesday.
LUMUT: A Royal Malaysian Navy (RMN) vessel has taken in a lot of water and is listing heavily to port in the Boustead Naval Shipyard (BNS) docks at the naval base here.
KUALA LUMPUR: The Malaysian Navy will be sending 12 men and nine officers from the Boustead Naval Shipyard Sdn Bhd to Wuhan, China, to monitor the construction of the Littoral Mission Ships (LMS).
GEORGE TOWN: Bayan Baru MP Sim Tze Tzin has apologised in the High Court to Boustead Holdings Bhd for making defamatory remarks against it.
Boustead Naval Shipyard Sdn Bhd, which has successfully delivered four out of six patrol vessels to the Royal Malaysian Navy (RMN), may secure a multibillion-ringgit deal to build six similar vessels for the Government.
GEORGE TOWN: The Penang Government will not proceed with land reclamation along the Bayan Lepas coastal area with Boustead Holdings Bhd after public consultation.
KUALA LUMPUR: Several union presidents of prominent government-linked companies (GLCs) are demanding to know why their employers are deferring implementing the new minimum retirement age until 2014.
GEORGE TOWN: The state government is in 'advanced stage of negotiations' with Boustead Holdings Bhd over its compensation claim to reduce the height of its proposed hotel at the heritage zone here.