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BHIC meaning in Business ?

Answer» What is Boustead Heavy Industries Corporation mean?

Boustead Heavy Industries Corporation Berhad, (MYX: 8133) known for its subsidiary Boustead Naval Shipyard and often abbreviated as BHIC and BNS is a Malaysian industrial group specialised in naval and commercial shipbuilding as well as ship-related services. Its primary focus is shipbuilding, fabrication of offshore structures, as well as repair and maintenance of vessels and aircraft. The company is a public limited company and the largest shareholder is Lembaga Tabung Angkatan Tentera, a government statutory body which provides retirement benefits and a savings scheme for officers of the Malaysian Armed Forces, with a 58.69% stake. The second largest shareholder is Kumpulan Wang Persaraan, a company created by the Malaysian Government as an investment company, with a stake of 7.17%. The parent company is Boustead Holdings.

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