Thursday, December 8, 2011

Boustead Naval Shipyard gets RM62m government contract

KUALA LUMPUR (Dec 8): BOUSTEAD HOLDINGS BHD []'s subsidiary, Boustead Naval Shipyard Sdn Bhd has been awarded a contract worth RM62 million by the government for the supply and delivery of spares, maintenance, integrated logistic support and training for the 17th patrol vessel squadron of The Royal Malaysian Navy.

It said on Thursday that the contract period was from June 7, 2011 to June 6, 2014.

Boustead said the contract would''have a positive''effect on its earnings in the new financial year.


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