Friday, April 4, 2008

13-02-2008: BHIC lands three contracts worth RM205m

PETALING JAYA: Boustead Heavy Industries Corporation Bhd (BHIC) has secured three new contracts totalling RM204.87 million, which boosted the group's direct order book to RM547 million.

The contracts was secured by its wholly owned subsidiary Boustead Penang Shipyard Sdn Bhd and two sub-subsidiaries, BHIC Petroleum Sdn Bhd and BHIC BOFORS Asia Sdn Bhd.

BHIC BOFORS received a letter of acceptance from the Ministry of Defence to supply gun spare parts worth RM9 million over three years, it announced yesterday.

It said Boustead Penang Shipyard had received a letter of award from Sarawak-based Sealink Sdn Bhd for the construction of two 7,000 deadweight oil and chemical carriers for a total of US$32.9 million (RM107.58) million.

On the third contract by BHIC Petroleum, the job awarded by Carigali-PPTEPI Operating Company Sdn Bhd was to construct the Muda Living Quarters Building for US$27 million, BHIC said.


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