Boustead Heavy Industries Corporation (BHIC) stands as a prominent player in Malaysia's defence and security industries. Listed on Bursa Malaysia Berhad’s Main Market as early as in 2007, BHIC is a key provider of services and support across the marine, aerospace and weapons combat sectors. In the 2024 financial year, the Group achieved a market capitalisation of RM236,998,000, total assets amounting to RM263,436,000, and shareholders’ funds of RM99,535,000.
BHIC is committed to enhancing operational readiness and effectiveness, with a primary focus on providing In-Service Support (ISS) and Refit Works for the Royal Malaysian Navy (RMN) submarines. Our dedication also extends to the aerospace sector, where we collaborate with joint venture companies to deliver specialised services and products for both defence and commercial applications
In the Marine sector, BHIC’s main focus is on providing In-Service Support (ISS) and Refit Works for RMN submarines. This includes:
BHIC’s involvement in the Aerospace sector is through various joint venture (JV) companies:
In the field of defence technology, BHIC is actively engaged in the development and maintenance of advanced weapons & combat systems. Our work in this sector includes: