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The history of MHB dates back to the incorporation of its wholly owned subsidiary, Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) in May 1973, under the name of Malaysia Shipyard and Engineering Sdn Bhd (MSE). MSE was established by the Government to advance Malaysia's maritime industrialisation programme.
Boustead Heavy Industries Corporation has three shipyards located in Malaysia, one of which is specialised in naval vessels while the other two are specialised in commercial vessels. Boustead Naval Shipyard (now Lumut Naval Shipyard or LUNAS), specialising in naval vessels, is located near the Royal Malaysian Navy's headquarters at Lumut, Perak ...
This company operated in 1984 and was known as the Royal Malaysia Navy Dockyard. The company was later incorporated in 1991 and privatized in 1995 as PSC-Naval Dockyard. In 2005, the management and financial crisis that happened to this company caused this company to be taken over by Boustead Holdings and named as Boustead Naval Shipyard (BNS). [3]
MISC Berhad (MYX: 3816) was incorporated in 1968 as Malaysia International Shipping Corporation Berhad and is the leading international shipping line of Malaysia.In September 2005, Malaysia International Shipping Corporation Berhad adopted its present corporate identity and changed its name to MISC Berhad.
PSC - Naval Dockyard was born out of the Royal Malaysian Navy’s dockyard facilities which was to provide ship repairs and maintenance services. Under the corporatisation program advocated by the Malaysian Government, the dockyard was corporatised as Royal Malaysia Navy Dockyard, a wholly owned government company.
Daewoo Shipbuilding & Marine Engineering Co., Ltd. 2023 Hanhwa ocean , Hanhwa group M&A Geoje Hanjin Heavy Industries Co., Ltd. HJ shipbuilding , Busan Hyundai Heavy Industries Co., Ltd. Ulsan
Lumut Naval Base is a Royal Malaysian Navy military base in Lumut, Perak, about 100 miles (160 km) from Kuala Lumpur.It is Malaysia's largest naval base, and it has served as the Royal Malaysian Navy's headquarters since 9 September 1984, replacing Woodlands Naval Base in Singapore. [1]
The company main business includes both the shipbuilding and ship repair and oil and gas industry. [2] LSE provided maintenance and servicing for private and government vessels including Royal Malaysian Navy and Malaysia Coast Guard. [3] In 2024, LSE was awarded a contract to supply two motherships for Royal Malaysia Police. [4]