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Supply Radar Electronic Support Measure Systems and related services for the Royal Malaysian Navy for the Littoral Combat Ships (LCS) Programme.

Contract Awarded to Supply Radar Electronic Support Measure Systems and related services for the Royal Malaysian Navy for the Littoral Combat Ships (LCS) Programme

Contract Value : ?16.96 million (RM70.74 million)

According to BHIC, the awarded works constitute a recurrent related party transaction for which a shareholder mandate was obtained at BHIC?s AGM on April 3, 2014.

BHIC said the awards are expected to have a positive impact on its earnings for the financial year ending Dec 31, 2014, and thereafter.

BNS, a subsidiary of Boustead Holdings Bhd had re ceived the contract for the work to design, construct, equip, install, commission, integrate, test and trial, and deliver six units of Second Generation Patrol Vessels with Littoral Combat capabilities (Frigate Class) by the government of Malaysia.

Contractor name : JV OF BOUSTEAD HEAVY INDUSTRIES CORP BHD (BHIC) AND CONTRAVES ADVANCED DEVICES SDN BHD (CAD)

Contractor address : Boustead Heavy Industries Corp Bhd (BHIC)

17th Floor, Menara Boustead

69, Jalan Raja Chulan

50200 Kuala Lumpur

Agency : Boustead Naval Shipyard Sdn Bhd (BNS)

Stadium TLDM. Lumut. Perak, A186,

Kampung Teluk Muroh,

32100 Lumut, Perak,

Malaysia

Phone:+60 5-930 7901

www.bnshipyard.com

country :Malaysia

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Publication:Mena Report
Geographic Code:9MALA
Date:Sep 24, 2014
Words:204
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