Search | The Star Online



You have searched for "TH Heavy Engineering"

Showing 1-10 of 201

Sort by: Newest | Oldest | Relevance

Breakfast briefing: Wednesday, September 6 (Update)

Breakfast briefing: Wednesday, September 6

TH Heavy gets more time to finalise rescue plan

KUALA LUMPUR: Loss-making TH Heavy Engineering Bhd has been given more time by the High Court to finalise a rescue plan with its creditors and it has eight months to submit its regularisation plan.

BIMB down on worries about exposure to oil and gas sector

KUALA LUMPUR: BIMB Holdings Bhd’s share price fell to a low of RM4.35 on Friday on growing worries about financial companies’ exposure to the troubled oil and gas (O&G) companies with debt problems.

KLCI slightly higher early Friday, BAT leads

KUALA LUMPUR: Blue chips eked out some slight gains early Friday after a hesitant start with FBM KLCI component stock BAT the top gainer after the release of its second quarter results the previous day.

BIMB shares lead losses among banking stocks

PETALING JAYA: Shares in BIMB Holdings Bhd declined, leading losses among banking stocks on fresh worries about financial firms’ exposure to troubled oil and gas (O&G) companies with debt problems

BIMB’s share price fell 12 sen, extending its losses for the fourth day in a row, to close at RM4.29.

Muhibbah project in Qatar taking shape as planned

SHAH ALAM: Muhibbah Engineering (M) Bhd says its operations in Qatar are unlikely to be impacted by the tension between the country and its neighbours.

Managing director Mac Ngan Boon said the company’s road project in Qatar is ongoing as planned, with 20% of work completed.

Riding out the storm

Survival of O&G fabricators may depend on greater consolidation

Wan Zulkiflee: ‘We are not in a position to help all eight (fabricators) because we simply do not have work to give. The requirements have scaled down due to the low oil price environment.’

Is RM3bil for small and mid caps justified?

THE move to create a new RM3bil fund made up of commitments by our government-linked investment funds needs to be executed with caution.

If they are investing directly, then caution ought to be applied.  For one, the risk profile of small and mid caps is generally higher than the big caps due to the lack of an earnings track record, among other things. There are also liquidity risks.

TH Heavy slips into PN17 category

PETALING JAYA: TH Heavy Engineering Bhd has slipped into Practice Note 17 (PN17) status after the company’s independent auditors expressed a disclaimer opinion on its accounts for the financial year ended Dec 31, 2016.

Engineering firm’s ex-CEO claims trial in graft cases

KUALA LUMPUR: Former chief executive officer of TH Heavy Engineering Bhd Datuk Nor Badli Munawir Mohamad Alias Latfi has claimed trial in two Sessions Court here and Shah Alam to five counts of involvement in money-laundering amounting to RM2.57mil four years ago.