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Boustead Heavy Industries Corporation Berhad's Overview

Total employees250
HeadquartersKuala Lumpur
Founded

Boustead Heavy Industries Corporation Berhad (BHIC) is a Malaysian-based conglomerate primarily involved in the maritime, defence, and heavy engineering sectors. It plays a significant role in supporting Malaysia's defence and security capabilities through its subsidiaries, notably Boustead Naval Shipyard Sdn Bhd. BHIC's core activities include shipbuilding, ship repair, maintenance, repair and overhaul (MRO) services for naval and commercial vessels, manufacturing of defence-related equipment, and other heavy engineering works. The company has been integral to major national defence projects, including the construction of naval patrol vessels and littoral combat ships. Following its privatization in 2023, BHIC continues its strategic operations under the ownership of Lembaga Tabung Angkatan Tentera (LTAT) and Boustead Holdings Berhad.

Where is Boustead Heavy Industries Corporation Berhad's Headquarters?

HQ Function

The headquarters serves as the central command for BHIC's group operations, overseeing strategic planning, corporate governance, financial management, business development, and stakeholder relations.

Notable Features:

Menara Boustead is a prominent corporate office tower in Kuala Lumpur's business district, housing various companies within the Boustead Group. It offers modern office facilities and a strategic business address.

Work Culture:

The work culture at BHIC's headquarters is likely professional, results-oriented, and hierarchical, typical of a large corporation involved in critical national industries like defence and heavy engineering. Emphasis is placed on precision, project management, and adherence to strict quality and security standards.

HQ Significance:

The headquarters is significant as the decision-making hub for a key player in Malaysia's defence and maritime industrial base. It's where strategies are formulated for national shipbuilding projects and MRO services vital to the country's sovereignty and economic activities.

Values Reflected in HQ: The headquarters' location and operations reflect values of strategic importance, national contribution (especially in defence), corporate integrity, and engineering excellence.

Location:

While BHIC's primary operations are concentrated in Malaysia, its activities have a global dimension through international partnerships for technology transfer, procurement of specialized systems and components for its shipbuilding and MRO projects. The company may also engage with international clients for specific MRO services or specialized engineering solutions. Its global reach is primarily through its supply chain and collaborations rather than a widespread network of international offices.

Street Address:

17th Floor, Menara Boustead, 69 Jalan Raja Chulan

City:

Kuala Lumpur

State/Province:

Wilayah Persekutuan Kuala Lumpur

Country:

Malaysia

Boustead Heavy Industries Corporation Berhad's Global Presence

Lumut, Perak, Malaysia

Address: Boustead Naval Shipyard Sdn Bhd, Lumut Naval Base, 32100 Lumut, Perak, Malaysia

Serves as the main naval and heavy maritime industrial hub for BHIC, strategically located adjacent to the Royal Malaysian Navy's largest base on the west coast of Peninsular Malaysia.

Pulau Jerejak, Penang, Malaysia

Address: Boustead Penang Shipyard Sdn Bhd, Pulau Jerejak, 11900 Bayan Lepas, Penang, Malaysia

Provides crucial ship repair and maintenance services in the northern region of Peninsular Malaysia, catering to vessels operating in the Straits of Malacca.

Buying Intent Signals for Boustead Heavy Industries Corporation Berhad

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Boustead Heavy Industries Corporation Berhad

As of April 2025, Boustead Heavy Industries Corporation Berhad' leadership includes:

Fahim Ariff Bin Muslim - Acting Chief Executive Officer (as of late 2023)
Ahmad Nazim Abd Rahman - Group Chief Executive, Boustead Holdings Berhad (Overseeing role post-privatization)
Izaddeen Daud - Group Chief Financial Officer, Boustead Holdings Berhad (Likely involved in BHIC's financial oversight)

Investors of Boustead Heavy Industries Corporation Berhad

Boustead Heavy Industries Corporation Berhad has been backed by several prominent investors over the years, including:

Lembaga Tabung Angkatan Tentera (LTAT)
Boustead Holdings Berhad

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

BHIC experienced a significant leadership change in late 2023 following its privatization. Sharifuddin Md. Zaini Al-Manaf, who was appointed CEO in June 2023, resigned in November 2023. Fahim Ariff Bin Muslim was subsequently appointed as Acting CEO. These changes reflect the ongoing restructuring and strategic realignment under its new ownership.

Departures

Sharifuddin Md. Zaini Al-Manaf, Sharifuddin Md. Zaini Al-Manaf resigned as CEO of BHIC after approximately five months in the role.

New Appointments:

Fahim Ariff Bin Muslim, Fahim Ariff Bin Muslim, previously with Boustead Plantations, was appointed as Acting CEO of BHIC.

Technology (Tech Stack) used by Boustead Heavy Industries Corporation Berhad

Discover the tools Boustead Heavy Industries Corporation Berhad uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Boustead Heavy Industries Corporation Berhad Email Formats and Examples

Boustead Heavy Industries Corporation Berhad likely utilizes standard corporate email formats common in Malaysian corporations. These formats typically involve combinations of the employee's first name, last name, or initials, followed by the company domain '@bhic.com.my'.

[first].[last]@bhic.com.my OR [f][last]@bhic.com.my OR [first_initial][last_initial]@bhic.com.my

Format

ahmad.hassan@bhic.com.my

Example

70%

Success rate

News and media

The Edge MalaysiaFebruary 27, 2024

Boustead Heavy Industries Corporation Berhad news title: First LCS expected to be delivered to Navy in Aug 2026, says Khaled

Defence Minister Datuk Seri Mohamed Khaled Nordin stated that the first littoral combat ship (LCS) is expected to be delivered to the Royal Malaysian Navy in August 2026. The remaining five ships are slated for delivery every eight months thereafter, with the final ship expected by April 2029. Boustead Naval Shipyard Sdn Bhd, a subsidiary of BHIC, is responsible for the construction....more

New Straits TimesNovember 27, 2023

Boustead Heavy Industries Corporation Berhad news title: BHIC acting CEO Fahim Ariff Muslim succeeds Sharifuddin

Boustead Heavy Industries Corp Bhd (BHIC) announced the appointment of Fahim Ariff Muslim as its acting chief executive officer, effective November 24, 2023. He succeeded Sharifuddin Md Zaini Al-Manaf, who resigned from the post on the same day, citing the pursuit of other opportunities....more

The StarJune 12, 2023

Boustead Heavy Industries Corporation Berhad news title: BHIC to be delisted on June 14

Boustead Heavy Industries Corp Bhd (BHIC) was set to be delisted from the official list of Bursa Malaysia Securities Bhd on June 14, 2023. This followed the successful privatization offer by its parent company Boustead Holdings Bhd and Lembaga Tabung Angkatan Tentera (LTAT)....more

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