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BHIC unit accepts Mindef deal extension

BHIC unit accepts Mindef deal extension

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In a filing with Bursa Malaysia yesterday, BHIC said the extension is from Jan 1, 2022 to Sept 30, 2022. (File pic shows Boustead's shipyard)

KUALA LUMPUR: Boustead Heavy Industries Corp Bhd’s (BHIC) indirect subsidiary, Boustead DCNS Naval Corp Sdn Bhd (BDNC), has accepted another nine-month extension for a Ministry of Defence Malaysia (Mindef) contract worth RM79.32mil.

In a filing with Bursa Malaysia yesterday, BHIC said the extension is from Jan 1, 2022 to Sept 30, 2022.

BDNC had previously accepted a contract to provide in-service support for Prime Minister’s class submarines for the Royal Malaysian Navy. — Bernama

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