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Business 16 May 2014 | 12:00 AM Premium

THHE wins first FPSO contract in RM2.9bil deal

PETALING JAYA: TH Heavy Engineering Bhd (THHE) has finally secured a contract for its floating production, storage and offloading vessel (FPSO) with Japan’s JX Nippon Oil & Gas Exploration in a deal worth US$900mil (RM2.9bil), sources said.

Construction 20 Jan 2017 | 12:00 AM Premium

THHE-Destini JV wins RM739mil contract

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.

Corporate News 16 Nov 2016 | 10:26 AM Premium

THHE reveals that former CEO is under MACC’s investigation

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.

Corporate News 25 Sep 2014 | 12:00 AM Premium

THHE plans private placement

PETALING JAYA: TH Heavy Engineering Bhd (THHE) has proposed to undertake a private placement of up to 10% of its shares, or 125.8 million shares, expecting to raise gross proceeds of RM100.6mil based on an indicative issue price of 80 sen per share.

Corporate News 11 Oct 2016 | 10:40 AM Premium

THHE postpones RM170mil sukuk’s maturity date by a year

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.

Business 04 Oct 2013 | 12:00 AM Premium

THHE in JVs with McDermott

PETALING JAYA: TH Heavy Engineering Bhd (THHE) has formalised several joint ventures with its American partner McDermott International, Inc.

Business 13 Nov 2013 | 12:00 AM Premium

THHE unit gets letter of award

KUALA LUMPUR: THHE Fabricators Sdn Bhd, a subsidiary of TH Heavy Engineering Bhd, has received a Letter of Award from Lundin Malaysia B.V. to undertake the fabrication of wellhead platform (WHP) for the Bertam Field Development project.