KUALA LUMPUR, Sept 7 Boustead Heavy Industries Corp Bhd (BHIC) will escape penalties for mismanagement and irregularities related to the navy's Littoral Combat Ship (LCS).
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.
PETALING JAYA: The design contract for the littoral combat ships (LCS) with DCNS was poorly negotiated with “common sense lapses”, according to the recently declassified forensic audit report.
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.