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PETALING JAYA: THHE Destini Sdn Bhd, a joint venture between offshore oil and gas facility fabricator TH Heavy Engineering Bhd (THHE) and Destini Bhd, has been awarded a contract worth RM738.90mil from the Government to build three offshore patrol vessels complete with fitting and accessories for the Malaysian Maritime Enforcement Agency.
KUALA LUMPUR: TH Heavy Engineering (THHE) said it will extend its fullest cooperation to the Malaysian Anti-Corruption Commission (MACC) in the investigation relating to its former chief executive officer, Datuk Nor Badli Munawir Mohamad Alias Lafti.
KUALA LUMPUR: TH Heavy Engineering Bhd (THHE) has extended the maturity period of its non-rated sukuk murabahah of RM170mil, which was originally due on Sept 30, 2016, by one year.
PETALING JAYA: TH Heavy Engineering Bhd (THHE) has received a writ of summons together with a statement of claim for RM74.8mil by Globalmariner Offshore Services Sdn Bhd.
KUALA LUMPUR: TH Heavy Engineering Bhd (THHE) has received a notice of arbitration from Coral Intoil Sdn Bhd (CISB) over claims that it had failed to provide the required funding to a joint venture (JV) company set up to bid for and undertake hook-up and commissioning jobs.
KUALA LUMPUR: Shareholders of TH Heavy Engineering Bhd (THHE) have been advised to vote in favour of exempting Urusharta Jamaah Sdn Bhd (UJSB) from undertaking a mandatory takeover offer.