BHIC bags RM378mil contract from Mindef

Quick Summary:

KUALA LUMPUR: Boustead Heavy Industries Corp Bhd (BHIC) has secured a RM378mil contract from the Defence Ministry for in-service support and performance-based services for the Royal Malaysian Air Force (RMAF) helicopters.

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BHIC said a formal contract between the government and BHICAS will be finalised and executed at a later date.“The contract will contribute positively to the earnings of the BHIC Group for the financial years from 2024 to 2029,” it said.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: BHIC Corporate News /Business/Business News Defence Ministry

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-15 @ 18:27:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 145 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22085891

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Official Website: thestar.com.my

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