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KUALA LUMPUR: Serba Dinamik Holdings Bhd, Yinson Holdings Bhd, Gas Malaysia, Titijaya Land are among the stocks to watch on Thursday, according to JF Apex Research.
Breakfast briefing: Thursday, November 16
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.
KUALA LUMPUR: 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.
PETALING JAYA: Yinson Holdings Bhd has clarified that it is still currently in talks with Japan’s JX Nippon Oil & Gas Exploration (Malaysia) Ltd and TH Heavy Engineering Bhd (THHE), in regards to Yinson taking over the floating production, storage, and offloading (FPSO) vessel charter for JX Nippon.
PETALING JAYA: Shares of loss-making TH Heavy Engineering Bhd (THHE) attracted trading interest early on Friday over talk that bigger rival Yinson Holdings Bhd may offer a lifeline for some of the former’s assets, including the Layang oil and gas field off Sarawak that is reportedly at a standstill.
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.
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.