General Announcement for PLC

12/05/2021

OTHERS BOUSTEAD HEAVY INDUSTRIES CORPORATION BERHAD ("BHIC" OR "COMPANY") CONFIRMATION FROM GOVERNMENT OF MALAYSIA ON RESUMPTION OF LITTORAL COMBAT SHIP (LCS) PROJECT

BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD

Type Announcement
Subject OTHERS
Description 
BOUSTEAD HEAVY INDUSTRIES CORPORATION BERHAD ("BHIC" OR "COMPANY")
CONFIRMATION FROM GOVERNMENT OF MALAYSIA ON RESUMPTION OF LITTORAL COMBAT SHIP (LCS) PROJECT

Following the above, the Company wishes to make reference to the Press Release made by the Minister of Defence dated 7 May 2021 relating to the approval by the Cabinet at the Cabinet’s Meeting held on 5 May 2021, in respect of the resumption of the LCS project.

 

As announced by BHIC’s holding company, Boustead Holdings Berhad (BHB) on 10 May 2021, BHB will reveal its plan on reviving the LCS project once it receives the official confirmation on the Government’s approval as announced on Friday, 7 May 2021.


The Company will make the necessary announcements in a timely manner to Bursa Malaysia Securities Berhad, should there be any material information which falls under the Main Market Listing Requirements.


This announcement is dated 12 May 2021.

 

 

 



Announcement Info

Company Name BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD
Stock Name BHIC
Date Announced 12 May 2021
Category General Announcement for PLC
Reference Number GA1-25022021-00144


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