Boustead Heavy Industries Corporation Berhad announces that its associate company, Boustead Naval Shipyard Sdn. Bhd., has on 7 September 2012 received a Letter of Award dated 3 September 2012 from the Ministry of Defence Malaysia for the supply and delivery of spare parts, maintenance services and training for the 23rd Frigate Squadron of the Royal Malaysian Navy at a contract value of RM70 million for a contract period of 3 years from the date of acceptance of the award.
A formal contract between the Government of Malaysia and BNS will be signed at a later date.
[mappress]
Shipbuilding Tribune Staff, September 13, 2012; Image: bnshipyard