BHIC Unit Gets Job Extension for Submarines
24 Juli 2021
Maintenance works of two RMN submarine will be conducted by Boustead DCNS Naval Corp Sdn Bhd (photo : BHIC)
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PETALING JAYA: A unit of Boustead Heavy Industries Corp Bhd (BHIC) has received a one-year extension for its contract to provide in-service support for the Prime Minister’s class submarines for the Royal Malaysian Navy.
The contract is valued at RM159.15mil.
In a filing with Bursa Malaysia, it said Boustead DCNS Naval Corp Sdn Bhd – a joint-venture company between its subsidiary BHIC Defence Technologies Sdn Bhd and Naval Group – accepted the additional letter of acceptance from the Defence Ministry.
The deal involves the extension of the contract period for one year, starting Jan 1, 2021 to Dec 31, 2021.
(The Star)
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