Boustead Heavy Industries Corporation Stock

Boustead Heavy Industries Corporation Berhad is a Malaysia-based investment holding company. The Company provides in-service support (ISS) and refit works for Royal Malaysian Navy (RMN) submarines. It is also involved in the aerospace sector through joint venture companies, supplying specialized services and products for applications in both the defense and commercial spaces. Its segments include Defence and Security, Commercial and Others. Defence and Security segment is principally engaged in shipbuilding and maintenance, repair and overhaul (MRO) of RMN’s patrol vessels. It is also involved in manufacturing, supply and maintenance of defense related electronic products. Its Commercial segment is engaged in the heavy engineering, shipbuilding, MRO of non-related vessels, providing training, trading of goods and MRO of aircraft wheels and brakes. It also offers a range of helicopter-related MRO services to the RMAF, RMN and the Malaysian Maritime Enforcement Agency (MMEA).