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No penalty for BHIC over LCS mismanagement - Vimarsana News

No penalty for BHIC over LCS mismanagement

KUALA LUMPUR (Sept 6): Boustead Heavy Industries Corp Bhd (BHIC) will not be penalised for mismanagement and irregularities related to the troubled littoral combat ship (LCS) project.

Report lists reasons behind losses of RM890mil - Vimarsana News

Report lists reasons behind losses of RM890mil

PETALING JAYA: Mismanagement and irregularities in the littoral combat ship (LCS) project cost potential losses of RM890mil.

Declassified forensic audit report suggests RM890m loss from LCS project to Boustead Heavy Industries - Vimarsana News

Declassified forensic audit report suggests RM890m loss from LCS project to Boustead Heavy Industries

KUALA LUMPUR, Aug 23 — Boustead Heavy Industries Corp Bhd (BHIC) could face potential losses of RM890 million due to double claims, dummy payments and overlapping Letters of...