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Trading ideas: KNM, KPJ, BHIC, MRCB. SNS Network, ICT Zone and MYEG

KUALA LUMPUR: Stocks that could see increased trading interest include KNM, KPJ, BHIC, MRCB. SNS Network, ICT Zone and MYEG, said Apex Securities Research.

Kuala-lumpur , Malaysia , Philippines , Malaysian , Selangor-menteri-besar-datuk , Sdn-bhd , Philippines-inc , Malaysian-resources-corp-bhd , Boustead-heavy-industries-corp , Zone-holding-bhd , Menteri-besar-selangor-inc , Myeg-services-bhd-my

Why The Malaysian State is Taking Firmer Control Over Boustead Holdings

The group, which is majority owned by a pension fund for the Malaysian Armed Forces, has been sustaining heavy losses for years.

France , Malaysia , French , Malaysian , Lembaga-tabung-angkatan-tentera , Boustead-holding , Royal-malaysian-navy , Boustead-heavy-industries , Naval-group , Malaysian-armed , Boustead-holdings , Boustead-naval-shipyard

Longer building time raises LCS cost

THE additional construction period of 83 months is among the reasons for the ballooning cost of building the littoral combat ships (LCS), says Deputy Defence Minister Adly Zahari.

Malaysia , Egypt , Dewan-rakyat , Adly-zahari , Boustead-naval-shipyard , Boustead-heavy-industries-corp , Public-accounts-committee , Deputy-defence-minister-adly , Decoy-launching-system , Finance-ministry , Contraves-advanced-devices , Datuk-seri-ikmal-hisham-abdul-aziz

Additional time, change in specs among reasons for ballooning cost of LCS project to RM11.2bil

Additional time, change in specs among reasons for ballooning cost of LCS project to RM11.2bil
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Malaysia , Kuala-lumpur , Egypt , Malaysian , Adly-zahari , Dewan-rakyat , Sdn-bhd , Royal-malaysian-navy , Boustead-heavy-industries-corp , Ministry-on , Public-accounts-committee , Boustead-naval-shipyard

Malaysia adds funds to troubled littoral combat ship program

Malaysia has reduced the number of ships it will receive under a revised contract, from six to five.

Singapore , Malaysia , Lumut , Sabah , France , Langkawi , Kedah , Kd-maharaja-lela , Ahmad-ramli-mohammad , Mike-yeo , Boustead-naval-shipyard , France-naval-group

Boustead records 1Q net loss of RM62.80mil

KUALA LUMPUR: Boustead Holdings Bhd (BHB) registered a net loss of RM62.80 million for the first quarter ended March 31, 2023 (1Q FY2023), from a net profit of RM290.30 million in the same period last year.

Indonesia , Malaysia , Kuala-lumpur , Indonesian , Pharmaniaga-bhd , Perstim-industries-sdn-bhd , Ministry-of-finance-incorporated , Boustead-heavy-industries-corp , Boustead , Boustead-holdings-bhd , Boustead-naval-shipyard-sdn-bhd , Boustead-holdings

New PAC chair, deputy want to make watchdog's hearings open to all

KUALA LUMPUR (April 4): New Public Accounts Committee (PAC) chairman Datuk Seri Mas Ermieyati Samsudin and her deputy, Wong Shu Qi, will ask the Speaker to amend the Standing Orders and make the parliamentary watchdog’s proceedings open to the public.

In a statement after their appointment today,

Lumut , Sabah , Malaysia , Masjid-tanah , Melaka , Kuala-lumpur , Ermieyati-samsudin , Wong-shu-qi , Datuk-johari-abdul , Anwar-ibrahim , Public-accounts-committee , Shipyard-in-lumut

Boustead shares bought up on takeover offer, most active in early trade

KUALA LUMPUR: Boustead Holdings Bhd's stock trading, which was suspended in the afternoon session yesterday, restarted at 84 sen a share at the opening bell.

Kuala-lumpur , Malaysia , Lembaga-tabung-angkatan-tentera , Pharmaniaga-bhd , Boustead , Affin-bank-bhd , Boustead-heavy-industries-corp , Boustead-holdings-bhd , Boustead-holdings , Bursa-malaysia , Practice-note , Boustead-heavy-industries

BHIC records net loss of RM21.55m for FY2022

Boustead Heavy Industries Corp Bhd (BHIC) recorded a net loss of RM21.55 million for the financial year ended Dec 31, 2022 (FY2022), compared to a net profit of RM15.19 million a year earlier.

Kuala-lumpur , Malaysia , Kota-kinabalu , Sabah , Boustead , Boustead-heavy-industries-corp , Bursa-malaysia , Kota-kinabalu-industrial-park , Littoral-combat-ship , Reinventing-boustead ,

BHIC denies allegations by vendor in legal suit

KUALA LUMPUR: Boustead Heavy Industries Corp Bhd (BHIC) says it denies the claims made in a legal suit by the main contractors of the Littoral Combat Ships (LCS) project, which includes among other things, a claim that the 12 letters of award pertaining to the project remain valid.

Kuala-lumpur , Malaysia , Malaysian , Sdn-bhd , Salihin-abang , Syed-zahiruddin , Royal-malaysian-navy , Boustead-naval-shipyard-sdn-bhd , Boustead-heavy-industries-corp , Germany-rheinmetall-group , Boustead-heavy-industries , Bursa-malaysia