The company, which fabricates and maintains offshore oil and gas (O&G) structures, said pending these meetings, the court had extended the restraining orders against their creditors dated Aug 22, 2017, for a further three-month period from Nov 23, 2017
PETALING JAYA: TH Heavy Engineering Bhd (THHE) and its subsidiaries have been ordered by the court to propose a scheme of arrangement to their secured and unsecured scheme creditors within 60 days at separate meetings.
The High Court also ordered them to give notice of the court convened meetings to their respective scheme creditors within seven days from the date of the order (Nov 15), THHE said yesterday in a filing with Bursa Malaysia.
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