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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: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.
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).
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.
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.
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.
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.