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Business 30 Jul 2016 | 12:00 AM Premium

Short position: TH Heavy, Gamuda and Genting

OVER a span of about two weeks, shares of loss-making TH Heavy Engineering Bhd (THHE) have shot up close to 240% on talk that it was poised to secure a sizeable contract making it one of the biggest gainers on Bursa Malaysia during that period.

Business 12 Jul 2013 | 2:07 PM Premium

TH Heavy Engineering in focus on expectations of licence renewal

Shares of TH Heavy Engineering Bhd (THHE) and its warrants rose in active trade on Friday on news reports it planned to reactivate its oil and gas crane manufacturing licence.

Corporate News 01 Dec 2017 | 12:00 AM Premium

Yinson Energy files affidavit

PETALING JAYA: Yinson Holdings Bhd’s associate Yinson Energy Sdn Bhd has filed an affidavit with the High Court in connection with TH Heavy Engineering Bhd’s (THHE) application to the High Court under Section 368 (4) of the Companies Act 2016 for leave to novate the contract for the provision of engineering, procurement, construction, installation and commissioning (EPCIC), and leasing for the Layang floating production, storage and offloading (FPSO) facilities.

Corporate News 28 Oct 2016 | 12:43 AM Premium

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.

Markets 08 Jul 2016 | 1:58 AM Premium

TH Heavy tumbles to record low after winding-up bids

KUALA LUMPUR: Shares of TH Heavy Engineering Bhd (THHE) fell to a record low of 6.5 sen in early Friday trade after it was served with two winding-up petitions from its creditors for a collective sum of US$8.88mil (RM35.6mil).

Business 25 Sep 2013 | 8:42 AM Premium

Trading ideas: TH Heavy, Frontken, Benalec

KUALA LUMPUR: Hwang DBS Vickers Research expects TH Heavy Engineering (THHE), Frontken Corp and Benalec to see trading interest on Wednesday following fresh corporate news and development.

Corporate News 04 Apr 2016 | 12:22 PM Premium

Petronas bars TH Heavy Eng subsidiary from future tenders

KUALA LUMPUR: Petronas Carigali Sdn Bhd has excluded THHE Fabricators Sdn Bhd (TFSB), a subsidiary of Lembaga Tabung Haji’s 29.8%-owned TH Heavy Engineering Bhd, from participating in its future tenders for two years.