Boustead Naval Shipyard is a one-stop centre for defense and maritime needs. Covering an area of 46 hectares, it was originally known as the Royal Malaysia Navy Dockyard became fully operational in 1984. The Company was corporatised in 1991 and subsequently privatised in 1995 as PSC Naval Dockyard Sdn Bhd. In 2005, the Company was taken over by Boustead Holdings, a diversified Malaysian business conglomerate belonging to the Armed Forces Provident Fund, and the Company’s name was changed in August of the same year to Boustead Naval Shipyard Sdn. Bhd. Strategically located within the main base of Royal Malaysian Navy, Lumut, Perak. Boustead Naval Shipyard is part of the Boustead Heavy Industries Corporation or BHIC, a public listed company on the Main Board of the Kuala Lumpur Stock Exchange, along with its other associated companies, Boustead Penang Shipyard and Boustead Langkawi Shipyard.more