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KUALA LUMPUR: Shares of Boustead Heavy Industries Corp Bhd (BHIC) fell to a low of RM2.10 – the lowest since end-May – on news about the RM147.7mil claim sought by the Defence Ministry (MinDef).
KUALA LUMPUR: JF Apex Research expects ML Global, Boustead Heavy Industries Corporation (BHIC), UPA Corporation and Sealink to be among the stocks to watch on Wednesday.
PETALING JAYA: Boustead Heavy Industries Corp Bhd (BHIC) could take a hit in the event the company fails in its appeal against a liquidated damages claim by the Defence Ministry.
KUALA LUMPUR: Boustead Heavy Industries Corp Bhd’s (BHIC) subsidiary Boustead DCNS Naval Corp Sdn Bhd has been hit with liquidated damages claim totalling RM147.7mil from the Defence Ministry with regards to its Scorpene submarines support contract.
THE construction of six patrol vessels by Boustead Heavy Industries Corp Bhd (BHIC), a maritime engineering and defence-related services provider, may only begin as early as the fourth quarter of next year.
PETALING JAYA: Boustead Heavy Industries Corp Bhd (BHIC) has been awarded a contract worth RM1.31bil by the Government to service the two Royal Malaysian Navy Prime Minister-class Scorpene submarines.
SINGAPORE French warship builder DCNS said Thursday it's in talks with Asian navies to sell submarines, ships and other naval equipment as the region looks to boost defense spending to protect burgeoning economic interests.