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Boustead Heavy Industries Corporation Bhd (BHIB.KL)

BHIB.KL on Kuala Lumpur Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Boustead Heavy Industries Corp says entered into MOU
Thursday, 23 Mar 2017 01:03am EDT 

Boustead Heavy Industries Corporation Bhd : Entered into a memorandum of understanding with the National Defence University of Malaysia . Purpose of MOU is to strengthen, promote and develop partnership co-operation between BHIC and NDUM .MOU is expected not to have any material effect on earnings of the BHIC group for the FY ending 31 Dec 2017.  Full Article

Boustead Heavy Industries Corporation says entered into MOU with Technology Depository Agency
Wednesday, 22 Mar 2017 06:20am EDT 

Boustead Heavy Industries Corporation Bhd : The co entered into a memorandum of understanding with Technology Depository Agency . MOU is expected not to have any material effect on earnings of BHIC group for financial year ending 31 Dec 2017 .MOU on development of malaysian national airspace policy and national airspace management centre for the aviation industry.  Full Article

Boustead Heavy Industries Corp updates on LOA for Boustead Naval Shipyard
Monday, 20 Mar 2017 01:57am EDT 

Boustead Heavy Industries Corporation Bhd : Contract is collaboration between government of Malaysia and government of People’S Republic Of China . Receipt of Letter Of Acceptance from the ministry of defence Malaysia for the supply of four Littoral Mission Ships . Contract was awarded to BNS, for collaboration with a partner shipyard in China at a price of rm1.17 billion .Contract will have a positive effect on the earnings of the BHIC group for the financial year ending 31 Dec 2017.  Full Article

Boustead Heavy Industries Corporation says Qtrly net profit 55.6 million rgt
Friday, 24 Feb 2017 12:24am EST 

Boustead Heavy Industries Corporation Bhd : Qtrly net profit 55.6 million rgt .Qtrly revenue 110.5 million rgt versus 69.2 million rgt.  Full Article

Boustead Heavy Industries says BHIC Bofors receive contract from ministry of defence malaysia
Thursday, 6 Oct 2016 06:04am EDT 

Boustead Heavy Industries Corporation Bhd: BBA receives deal for supply and delivery of spares,maintenance and trainings for royal malaysian navy’s bofors 40mm/l70 gun . Contract will contribute positively to the future earnings of bhic group . BHIC Bofors Asia Sdn (BBA) has received and accepted a letter of acceptance from the ministry of defence malaysia .Total contract value is 11.2 million rgt.  Full Article

Boustead Heavy Industries Corporation Bhd says qtrly revenue 69.7 mln rgt
Tuesday, 9 Aug 2016 06:16am EDT 

Boustead Heavy Industries Corporation Bhd : Qtrly revenue 69.7 million rgt versus 72.9 million rgt; qtrly net profit 25.3 million rgt versus 9.2 million rgt .  Full Article

Boustead Heavy Industries Corporationd reports qtrly net loss of 19 million RGT
Friday, 13 May 2016 05:11am EDT 

Boustead Heavy Industries Corporation Bhd : Qtrly loss attributable 19 million RGT versus profit of 8.4 million RGT a year ago . Qtrly revenue 63 million RGT versus 61.1 million RGT .  Full Article

Boustead Heavy Industries Corporation says subsidiary received a contract from Trans Resources Corporation
Sunday, 20 Sep 2015 11:09pm EDT 

Boustead Heavy Industries Corporation Bhd:Subsidiary has on 21 September 2015 received the executed formal contract from Trans Resources Corporation Sdn Bhd.Price of the contract from Trans Resources Corporation is 4.8 million rgt.  Full Article

Boustead Heavy Industries Corporation Bhd says associate received letter of work from Ministry of Defence
Wednesday, 16 Sep 2015 08:00pm EDT 

Boustead Heavy Industries Corporation Bhd:Received a letter of work dated 2 September 2015 from the Ministry of Defence Malaysia.Says letter awarding Bn Shipyard Contract for scheduled REFIT maintenance of a patrol vessel for Royal Malaysian Navy.Says contract value 92.4 million ringgit.  Full Article

Boustead Heavy Industries Corporation Bhd update on contract with Ministry of Defence Malaysia
Wednesday, 10 Jun 2015 08:00pm EDT 

Boustead Heavy Industries Corporation Bhd:As previously announced co received a letter from Ministry of Defence Malaysia (MoD) by BHIC Defence Techservices Sdn Bhd ("BDTS"), a wholly-owned subsidiary held via BHIC Defence Technologies Sdn Bhd, awarding BDTS a contract.Contract for the maintenance and supply of spare parts for 76/62MM Oto Melara Gun, 40/70MM Oto Breda Gun, 30MM Oto Breda Gun and 102MM Light Decoy Launcher for the Royal Malaysian Navy.Says this contract is at value of 3.7mln ringgit.Says on June 11, BDTS and MoD executed formal Contract to the same effect.  Full Article

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