Boustead Heavy Industries Corporation Berhad (KLSE: BHIC)
Malaysia flag Malaysia · Delayed Price · Currency is MYR
0.405
+0.005 (1.25%)
At close: Dec 20, 2024

KLSE: BHIC Company Description

Boustead Heavy Industries Corporation Berhad provides defense and security related services primarily in Malaysia.

It operates through two segments, Defence and Security, and Commercial. The Defence and Security segment engages in the shipbuilding and maintenance, repair, and overhaul (MRO) of the Navy’s patrol vessels; and manufacturing, supply, and maintenance of defense related electronic products.

The Commercial segment provides heavy engineering; shipbuilding; MRO of non-defense related vessels, and aircraft wheels and brakes; and training services, as well as trades in goods.

The company is also involved in the fabrication of steel structures and platforms, marine engineering, oil and gas fabrication, and hook-up and commissioning businesses.

In addition, it offers maintenance and services for arsenal, telecommunication systems, submarines, and other defence related products; marine and defence business management training and other educational projects; engineering services for oil and gas industry; and in-service support for maintenance, service, and supply of spare parts for vessels.

Further, the company is involved in the supply and service of marine and naval defence related products; management of integrated logistics; and chartering of ships and vessels.

Additionally, it supplies electronics and system technology to defence related industry; and invest in properties.

The company was incorporated in 1971 and is headquartered in Kuala Lumpur, Malaysia. Boustead Heavy Industries Corporation Berhad is a subsidiary of Boustead Holdings Berhad.

Boustead Heavy Industries Corporation Berhad
Country Malaysia
Founded 1971
Industry Ship And Boat Building And Repairing
Employees 477
CEO Feroz Bin Ramli

Contact Details

Address:
Menara Boustead
Kuala Lumpur, 50200
Malaysia
Phone 60 3 2078 7770
Website bhic.com.my

Stock Details

Ticker Symbol BHIC
Exchange Bursa Malaysia
Fiscal Year January - December
Reporting Currency MYR
SIC Code 3730

Key Executives

Name Position
Feroz Bin Ramli Chief Executive Officer