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Corporate News 16 Nov 2016 | 10:26 AM

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.

Business 11 Nov 2016 | 1:36 AM

Breakfast briefing: Friday, November 11

Breakfast briefing: Friday, November 11

Business 11 Nov 2016 | 12:00 AM

THHE Offshore gets winding-up petition

PETALING JAYA: Oil and gas fabricator TH Heavy Engineering Bhd’s (THHE) 70%-owned subsidiary – THHE Offshore Services Sdn Bhd – has received a winding-up petition from the Kuala Lumpur High Court.

Corporate News 28 Oct 2016 | 12:43 AM

Trading ideas: UMW OG, Sasbadi, Perisai, TH Heavy, Destini

KUALA LUMPUR:UMW Oil & Gas, Sasbadi, Perisai Petroleum, TH Heavy Engineering (THHE) and Destini are among the stocks which could see trading action on Friday after their corporate news, says JF Apex Research.

Business 28 Oct 2016 | 12:00 AM

Destini, THHE in JV for offshore patrol vessel job

PETALING JAYA: Destini Bhd and TH Heavy Engineering Bhd have entered into a joint venture to procure the award of contract for the supply, delivery, testing and commissioning of three units of approximately 80-metre offshore patrol vessels (OPV).

Business 15 Oct 2016 | 12:00 AM

Focus shifts to THHE sukuk

AFTER bondholders rejected Perisai Petroleum Teknologi Bhd’s debt restructuring plan early this month, all eyes are now on cash-strapped TH Heavy Engineering Bhd (THHE). The oil and gas (O&G) fabricator, which has been hit by dwindling revenues since the fallout from the oil price crash, early this week sought to extend the maturity date of its debt papers by one year, from Sept 30, 2016 to Sept 29, 2017.

Markets 12 Oct 2016 | 12:00 AM

TH Heavy seeks to extend maturity date of debt papers

PETALING JAYA: In yet another sign of troubling times faced by oil and gas companies, TH Heavy Engineering Bhd (THHE) has sought to extend the maturity date of its debt papers by one year.

Corporate News 11 Oct 2016 | 10:40 AM

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.

Corporate News 23 Sep 2016 | 2:28 PM

TH Heavy Engineering and McDermott go separate ways

KUALA LUMPUR: TH Heavy Engineering Bhd (THHE) and US engineering, procurement, construction and installation (EPCI) company McDermott International Inc are parting ways after a three-year partnership.

Business 31 Aug 2016 | 1:29 AM

Breakfast briefing: Wednesday, August 31

Breakfast briefing: Wednesday, August 31