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PSC-Naval Dockyard
Penang Shipbuilding and Construction - Naval Dockyard Sdn Bhd (PCS-ND), was a division of the Penang Shipbuilding and Construction Industries Bhd (PCSI), a Malaysian Government-Linked Company (GLC), based in Lumut, Perak, Malaysia. The company's primary role is to maintain the Royal Malaysian Navy (RMN) fleet and the Lumut Naval Dockyard. However, a management and financial crisis in 2005 result the Malaysian Government to enforced the PSC-ND to be merged under Boustead Holding Bhd and renamed Boustead Naval Shipyard Sdn Bhd. The company has since been taken over by Boustead Heavy Industries Corporation Berhad.
==Background==
PSC - Naval Dockyard was born out of the Royal Malaysian Navy’s dockyard facilities which was to provided ship repairs and maintenance services. Under the corporatisation program advocated by the Malaysian Government, the dockyard was corporatised as Limbungan TLDM, a wholly owned government company. It has 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.
The company was taken over by the public listed Penang Shipbuilding Corporation Berhad, a company in the stable of entrepreneur Amin Shah Omar Shah, now declared a bankrupt, and renamed PSC - Naval Dockyard Sdn Bhd to reflect the corporate relationship with Penang Shipbuilding Corporation.
In 2005, Public Accounts Committee (PAC) unveiled serious corruption in the PCS-ND and caused solemn concern from the public. Under pressure of the public, Malaysian government enforced a reorganize result the PCS-ND to be merged into Boustead Holding Bhd, and named under Boustead Naval Shipyard Sdn Bhd
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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