It had modern facilities to meet the total maintenance requirements of the Royal Malaysian Navy fleet, from hull repairs to major overhauls and from radar refitting to weapon systems refurbishment.

[6] PSC - Naval Dockyard Sdn Bhd was made the major contractor for the building and delivery of the New Generation Patrol Vessels (NGPV) programme for the Royal Malaysian Navy.

The German Naval Group (GNG) with their proposed model, based on the Blohm + Voss MEKO 100 design, won the bid.

PSC-ND also failed to pay some RM4 million in contributions to the Employees Provident Fund (EPF), the Inland Revenue Board and the National Co-operative Organisation despite having made salary deductions from its 1,500 staff.

Boustead Holdings Bhd, also a Government linked company, took up 37% of stake and became the single largest shareholder of Penang Shipbuilding and Construction Industries (PSCI).

[8] In 2009, Boustead Heavy Industries Corporation reached an agreement with Yonca-Onuk JV of Turkey, a well known interceptor craft manufacturer to set up a joint venture.

BYO Marine designs, builds, commissions and supplies high speed advanced composite boats to South East Asia and is supported by a team from Yonca-Onuk JV.

[10] In July 2010, Rheinmetall Defence of Düsseldorf, Germany, and Boustead Heavy Industries Corporation of Kuala Lumpur, Malaysia, entered a strategic agreement for the joint ownership of Contraves Advanced Devices Sdn Bhd located in Malacca.

Under the joint agreement, Boustead Heavy Industries Corporation took up a 51% stake in the Rheinmetall subsidiary Contraves Advanced Devices effective 1 July 2010.

The partnership sought to foster the growth of high-tech production in Malaysia to strengthen the country's defence technology industrial base and open additional opportunities for exports.

Under the joint venture, the new company, Pyrotechnical Ordnance Malaysia Sdn Bhd, would produce double base artillery propellants at a plant located on a 21-acre site in Bentong, Pahang.

MHS Aviation's principal activity is the provision of helicopter services to oil and gas companies such as Sarawak Shell Berhad, Esso Production Malaysia Inc. and Petronas Carigali Sdn Bhd.

[13] Boustead Heavy Industries Corporation's electronics division started as an in-house repair and maintenance for the Royal Malaysian Navy fleet and has now evolved into an independent business centre which offers service to both government and private sectors.

It is a one stop centre providing service, maintenance, repair and complete overhaul of naval and ground electronic equipments and systems, located at Lumut, Malaysia.

Boustead Naval Shipyard fabricates container cranes and heavy steel structures for the oil and gas industry.

Boustead Heavy Industries Corporation also engaged in aerospace sector mainly in maintenance, repair and overhaul and airline service.

Through BHIC AeroServices Sdn Bhd, the company responsible for the maintenance and supply of spare parts for the Royal Malaysian Air Force (RMAF) Eurocopter EC725 helicopter fleet.

It is Malaysia's largest civil helicopter operator, controlling 70% of the market share and is mostly involved in offshore oil and gas transport.

Various subcontracts like the Thales CAPTAS-2 Towed array sonar, the Bofors 57 mm gun, torpedo launching systems have already been awarded and the first ship was expected to be completed in 2018.

[21] PSC-Naval Dockyard, the company now absorbed by Boustead Heavy Industries Corporation Berhad, was made the major contractor for the building and delivery of the New Generation Patrol Vessels (NGPV) programme for the Royal Malaysian Navy.

The German Naval Group (GNG) with their proposed model, based on the Blohm + Voss MEKO 100 design, won the bid.