Published: Monday October 18, 2010 MYT 2:31:00 PM
Boustead gets LOI for combat vessels
PETALING JAYA: Boustead Heavy Industries Corp has received a letter of intent (LOI) from the Defence Ministry to undertake the construction of six second-generation patrol vessels with comabatant capabilities.
The company said in an announcement to Bursa Malaysia that it received the letter last Friday and that the value and duration of the project were to be negotiated with the government.
http://biz.thestar.com.my/news/story.asp?file=/2010/10/18/business/20101018144019&sec=business
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