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Sun, 15 Sep 2019, 10:05 PM
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Topic: LCS

The Edge Markets:
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BHIC quarterly profit slumps on lower JV contributions, higher finance costs
KUALA LUMPUR (Aug 23): Boustead Heavy Industries Corp Bhd (BHIC) saw its net profit contract 59% year-on-year in the second quarter of financial year 2019 (2QFY19) despite higher revenue, following lo...
The Edge Markets:
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Special Report: Tide rises for BHIC amid valuation slump
IN the last week of June, a high-level defence ministry delegation led by Minister of Defence Mohamad Sabu visited the Boustead Naval Shipyard in Lumut, Perak, to inspect the littoral combat ships (LC...
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Mindef throws sinking BHIC lifeline
This article first appeared as 'Cost recovery of warships to boost BHIC’s turnaround' in The Edge Malaysia Weekly, on June 17, 2019 - June 23, 2019.
The Edge Markets:
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Newsbreak: Cost recovery of warships to boost BHIC’s turnaround
BOUSTEAD Heavy Industries Corp Bhd (BHIC) has made a breakthrough in recouping major cost overruns in the littoral combat ship (LCS) programme that contributed to its full-year earnings sinking to a m...
EdgeProp.my:
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Boustead Holdings 1Q in the red
KUALA LUMPUR (May 31): Boustead Holdings Bhd, the key contributor to Retirement Fund (Incorporated)’s (KWAP) dividend, slipped into the red for the first quarter ended March 31 (1QFY19), posting a n...
The Edge Markets:
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Boustead Holdings 1Q in the red
KUALA LUMPUR (May 30): Boustead Holdings Bhd, the key contributor to Retirement Fund (Incorporated)’s (KWAP) dividend, slipped into the red for the first quarter ended March 31 (1QFY19), posting a n...
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BHIC posts RM4.3m loss in 1QFY19 on lower defence, commercial MRO activities
KUALA LUMPUR (May 23): Boustead Heavy Industries Corp Bhd is in the red for the second consecutive quarter, posting a net loss of RM4.3 million for the first quarter ended March 31 (1QFY19) mainly due...
theSun:
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Navy launches new ‘quick reference’ smartphone application
LUMUT: The Royal Malaysian Navy (RMN) through the Frontline Operations Division in its Western Fleet today launched a new smartphone application known as ‘RMN Quick Reference E-MPAB. The applicatio...
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RMN to acquire new assets to ensure sovereignty of Malaysian seas
KUALA LUMPUR (April 26): On the 85th anniversary of its establishment tomorrow, the Royal Malaysian Navy (RMN) is further enhancing its fleet capabilities in line with current developments to ensure t...
The Star:
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BHIC says lower contract price to buildships for China won’t impact margins
KUALA LUMPUR: Boustead Heavy Industries Corp Bhd (BHIC) says the lower contract price to build the four littoral mission ships (LMS) with the Chinese government will not have an impact on its margins.“Under the earlier agreement, the first two LMS will be built in China, while the remaining two will be built in Malaysia. But, for cost-saving purposes, all four vessels will be built and delivered in China,” said BHIC executive deputy chairman and managing director Tan Sri Ahmad Ramli Mohd Nor.
Malay Mail:
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TLDM on presence of Mat Sabu’s wife: Launching and naming of navy ship by a woman is tradition
KUALA LUMPUR, April 16 — The launching and naming ceremony of a Royal Malaysian Navy (TLDM) ship by a woman is a tradition of the TLDM since it was known as the Royal Navy.
theSun:
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Launch and naming of navy ship by a woman is tradition
KUALA LUMPUR: The launching and naming ceremony of a Royal Malaysian Navy (TLDM) ship by a woman is a tradition of the TLDM since it was known as the Royal Navy.
theSun:
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Two killed, four injured in five-motorcycle clash
PARIT: Two men were killed and four others injured in an accident involving five motorcycles at Km40 of Jalan Lumut-Ipoh in Seri Iskandar early today.
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