General Announcement for PLC
20/06/2019OTHERS BOUSTEAD HEAVY INDUSTRIES CORPORATION BERHAD ("BHIC" OR "THE COMPANY") RECEIPT OF A LETTER OF ACCEPTANCE FROM THE MINISTRY OF DEFENCE MALAYSIA FOR THE PROVISION OF REFIT SERVICES FOR THE ROYAL MALAYSIAN NAVY VESSEL BY BOUSTEAD NAVAL SHIPYARD SDN BHD
BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD |
Type | Announcement |
Subject | OTHERS |
Description | BOUSTEAD HEAVY INDUSTRIES CORPORATION BERHAD ("BHIC" OR "THE COMPANY") RECEIPT OF A LETTER OF ACCEPTANCE FROM THE MINISTRY OF DEFENCE MALAYSIA FOR THE PROVISION OF REFIT SERVICES FOR THE ROYAL MALAYSIAN NAVY VESSEL BY BOUSTEAD NAVAL SHIPYARD SDN BHD |
The Company wishes to announce that on 20 June 2019, its associate company Boustead Naval Shipyard Sdn Bhd (BNS), had accepted a letter dated 14 June 2019 from the Ministry of Defence Malaysia representing the Government of Malaysia, awarding BNS a contract for the Refit works on KD TERENGGANU (the Contract) at a contract value of RM95,990,015.07. A formal contract between the Government of Malaysia and BNS will be signed at a later date.
The Contract will contribute positively to BHIC Group’s current and future earnings.
None of the directors nor substantial shareholders of the Company, or persons connected with them, has any interest, direct or indirect, in the Contract.
This announcement is dated 20 June 2019. |
Announcement Info
Company Name | BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD |
Stock Name | BHIC |
Date Announced | 20 Jun 2019 |
Category | General Announcement for PLC |
Reference Number | GA1-19062019-00072 |
Related Announcements for BHIC