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Business 08 May 2019 | 2:14 AM

Quick take: TH Heavy shares hit by fines slapped by Dubai Court

KUALA LUMPUR: TH Heavy Engineering Bhd (THHE) shares fell over 8% in early trade Tuesday following news that its unit has been fined with US$6.22mil by Dubai Court.

Business 08 May 2019 | 12:00 AM

THHE unit gets writ of summons from Dubai to pay US$6.23mil

PETALING JAYA: TH Heavy Engineering Bhd’s (THHE) subsidiary, Floatech (L) Ltd, has received a writ of summons filed by Drydocks World – Dubai LLC on April 23.