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Nation 03 Mar 2017 | 12:00 AM Premium

Engineering firm’s ex-CEO claims trial in graft cases

KUALA LUMPUR: Former chief executive officer of TH Heavy Engineering Bhd Datuk Nor Badli Munawir Mohamad Alias Latfi has claimed trial in two Sessions Court here and Shah Alam to five counts of involvement in money-laundering amounting to RM2.57mil four years ago.

Business 27 May 2017 | 12:00 AM Premium

Riding out the storm

Survival of O&G fabricators may depend on greater consolidation

Banking 18 Jul 2017 | 12:00 AM Premium

BIMB shares lead losses among banking stocks

PETALING JAYA: Shares in BIMB Holdings Bhd declined, leading losses among banking stocks on fresh worries about financial firms’ exposure to troubled oil and gas (O&G) companies with debt problems

Markets 21 Jul 2017 | 1:46 AM Premium

KLCI slightly higher early Friday, BAT leads

KUALA LUMPUR: Blue chips eked out some slight gains early Friday after a hesitant start with FBM KLCI component stock BAT the top gainer after the release of its second quarter results the previous day.

Banking 21 Jul 2017 | 2:55 AM Premium

BIMB down on worries about exposure to oil and gas sector

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.

Corporate News 05 Sep 2017 | 10:17 AM Premium

TH Heavy gets more time to finalise rescue plan

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.

Stock on the Move 27 Oct 2017 | 5:59 AM Premium

TH Heavy, Yinson in the news

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.

Business 28 Oct 2017 | 12:00 AM Premium

Yinson still in talks over FPSO vessel charter

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.

Corporate News 15 Nov 2017 | 1:26 PM Premium

TH Heavy given two months to meet creditors on scheme of arrangement

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.

Corporate News 16 Nov 2017 | 12:00 AM Premium

THHE and units ordered to propose scheme of arrangement within 60 days

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.