Boustead Heavy Industries Corporation

Boustead Heavy Industries Corporation Berhad

Company type	Public limited company
Traded as	MYX: 8133
ISIN	MYL8133OO000
Industry	Defence Shipbuilding Aerospace
Founded	2007; 18 years ago (2007)
Headquarters	Kuala Lumpur , Malaysia
Area served	South East Asia
Key people	Feroz Razi Ramli (CEO)[1]
Products	Naval vessels Commercial vessels Offshore structures
Services	Electronic and weapon systems Ship repair MRO of aircraft etc.
Revenue	RM 2.503 billion(end 2013) (US$760 million)[2]
Operating income	RM -89 million(end 2013) (US$-27 million)
Total assets	RM 4.348 billion(end 2013) (US$1.33 billion)
Number of employees	2160
Parent	Boustead Holdings
Subsidiaries	See below:[3] Boustead Penang Shipyard BHIC Marines Carrier BHIC Shipbuilding & Engineering BHIC Navaltech BHIC Marine Transport BHIC Defence Technologies BHIC Marine Technology Academy BHIC Marine Ventures Dominion Defence & Industries Perstim Industries Malaysia Heavy Industry Group BHIC Allied Defence Technology BHIC Submarine Engineering Services BHIC Defence Techservices BHIC Electronics & Technologies BHIC Trading BHIC Aerotech BHIC Development BHIC Asset Holding
Website	www.bhic.com.my

Boustead Heavy Industries Corporation Berhad, (MYX: 8133) often abbreviated as BHIC is a Malaysian industrial group specialised in defence, naval and commercial shipbuilding, ship repair, fabrication of offshore structures as well as maintenance, repair and overhaul of aircraft. The company is a public limited company and the largest shareholder is Armed Forces Fund Board, 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 Retirement Fund (Incorporated), a company created by the Malaysian Government as an investment company, with a stake of 7.17%.^[4]