By Surin Murugiah of theedgemalaysia.com | The Edge Malaysia – Tue, Sep 11, 2012
Boustead Holdings Bhd subsidiary Boustead Naval Shipyard Sdn Bhd (BNS) has received a letter of award for a contract worth RM70 million from the Ministry of Defence to supply and deliver spare parts and train the 23rd Navy Frigate Squadron.
In a filing Tuesday, Boustead said a formal contract agreement between the government of and BNS will be signed at a later date.
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