According to information published by The Edge Markets on April 23, 2021, Boustead Heavy Industries Corp Bhd’s (BHIC) wholly-owned subsidiary has been awarded a contract worth RM78.14 million from the Ministry of Defence (Mindef) for the upkeeping of submarine facilities for the Royal Malaysian Navy.
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| Royal Malaysian Navy Scorpene-class submarine (SSK) KD Tun Razak at LIMA 2017, defense exhibition in Langkawi. |