BHIC wishes to announce that its wholly-owned sub-subsidiary (a subsidiary held via Boustead Penang Shipyard Sdn Bhd), BYO Marine Sdn Bhd, had received a LETTER OF AWARD dated 7 June 2010 from the Government of Malaysia for the contract to design, construct and commission 10 units of Fast Interceptor Craft for Malaysian Maritime Enforcement Agency (”the Contract”). The Contract is for a period of 20 months from the effective date of the letter of acceptance of BYO at a total contract sum of RM130,700,000.00.

The Contract will have no material effect on the earnings of BHIC Group for the financial year ending 31 December 2010, but will contribute positively to the future earnings of BHIC Group.

None of the directors nor substantial shareholders of the Company, or persons connected with them, has any interest, direct or indirect, in the Contract.

• UPDATE OF STATUS OF :1. JOINT VENTURE AGREEMENT WITH MTU SERVICES (MALAYSIA) SDN BHD 2. JOINT VENTURE AGREEMENT WITH PRESTIGE PILLAR SDN BHD AND EUROCOPTER MALAYSIA SDN BHD Posted on 18th August, 2010
  
• BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD (“BHIC” OR “THE COMPANY”) – RECEIPT OF LETTER OF AWARD FROM THE GOVERNMENT OF MALAYSIA BY SUBSIDIARY COMPANY FOR THE IN-SERVICE SUPPORT FOR THE SCORPENE SUBMARINES OF THE ROYAL MALAYSIAN NAVY Posted on 13th August, 2010
  
• BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD (“BHIC” OR “THE COMPANY”) – PROPOSED ACQUISITION OF TWO MILLION FIVE HUNDRED AND FIFTY THOUSAND (2,550,000) ORDINARY SHARES OF RINGGIT MALAYSIA ONE (RM1.00) EACH IN CONTRAVES ADVANCED DEVICES SDN BHD (“CAD”) Posted on 13th August, 2010
  
• Boustead Heavy Industries Corporation Berhad (”the Company” or BHIC) – Ipoh High Court Writ Summons No. 22-163-2010: Maraputra Sdn Bhd-v-Boustead Naval Shipyard Sdn Bhd(”BNS” ) Posted on 28th July, 2010
  
• Boustead Heavy Industries Corporation Berhad (”the Company” or BHIC) – Ipoh High Court Writ Summons No. 22-163-2010: Maraputra Sdn Bhd -v-Boustead Naval Shipyard Sdn Bhd Posted on 26th July, 2010
  
• JOINT VENTURE AGREEMENT WITH MTU SERVICES (MALAYSIA) SDN BHD Posted on 16th June, 2010
  
• BOUSTEAD HEAVY INDUSTRIES CORPORATION BHD (”BHIC” OR “THE COMPANY”) – RECEIPT OF LETTER OF AWARD FROM THE GOVERNMENT OF MALAYSIA BY SUBSIDIARY COMPANY Posted on 15th June, 2010
  
• PROPOSED ACQUISITION OF 51% SHARES IN CONTRAVES ADVANCED DEVICES SDN BHD (”CAD”) BY BHIC DEFENCE TECHNOLOGIES SDN BHD (”BHIC-DT” OR “Purchaser”), A WHOLLY-OWNED SUBSIDIARY OF BHIC (”Proposed Acquisition”) Posted on 11th June, 2010
  
• PROPOSED ACQUISITION OF 51% SHARES IN CONTRAVES ADVANCED DEVICES SDN BHD (”CAD”) BY BHIC DEFENCE TECHNOLOGIES SDN BHD (”BHIC-DT” OR “Purchaser”), A WHOLLY-OWNED SUBSIDIARY OF BHIC (”Proposed Acquisition”) (Amended Announcement) Posted on 10th June, 2010
  
• BOUSTEAD HEAVY INDUSTRIES CORPORATION BERHAD (”BHIC” or “the Company”) – PROPOSED ACQUISITION OF 51% SHARES IN CONTRAVES ADVANCED DEVICES SDN BHD (”CAD”) BY BHIC DEFENCE TECHNOLOGIES SDN BHD (”BHIC-DT” OR “Purchaser”), A WHOLLY-OWNED SUBSIDIARY OF BHIC (”Proposed Acquisition”) Posted on 8th June, 2010