General Announcement for PLC

07/07/2020

OTHERS WINDING-UP PETITION ON BOUSTEAD NAVAL SHIPYARD SDN BHD, AN ASSOCIATE OF THE COMPANY ("BNS") BY MTU SERVICES (MALAYSIA) SDN BHD ("MSM")

BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD

Type Announcement
Subject OTHERS
Description 
WINDING-UP PETITION ON BOUSTEAD NAVAL SHIPYARD SDN BHD, AN ASSOCIATE OF THE COMPANY ("BNS") BY MTU SERVICES (MALAYSIA) SDN BHD ("MSM")

Reference is made to the announcement dated 3 July 2020 on the receipt of a Winding-up Petition (“Petition”) by Boustead Naval Shipyard Sdn Bhd (“BNS”), a major associated company.

 

The Board of Directors of Boustead Heavy Industries Corporation Berhad (“BHIC” or the “Company”) wishes to inform that the cost of investment of BHIC in BNS through its wholly-owned sub-subsidiary company, Perstim Industries Sdn Bhd as at 31 December 2019 was RM53,579,670.

 

This announcement is dated 7 July 2020.



Announcement Info

Company Name BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD
Stock Name BHIC
Date Announced 07 Jul 2020
Category General Announcement for PLC
Reference Number GA1-07072020-00049


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