PETALING JAYA: Boustead Holdings Bhd is unlikely be able to take on more debt to support its 82%-owned Boustead Naval Shipyard Sdn Bhd (BNS) in completing the Littoral Combat Ship (LCS) project, according to an investment analyst.
Boustead Holdings is a diversified conglomerate with core businesses in plantation, property and industrial, pharmaceutical, heavy industries as well as trading, finance and investment.
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