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Quick take: TH Heavy shares hit by fines slapped by Dubai Court

KUALA LUMPUR: TH Heavy Engineering Bhd (THHE) shares fell over 8% in early trade Tuesday following news that its unit has been fined with US$6.22mil by Dubai Court.

Trading ideas: Petra Energy, EG Industries, Hartalega, TH Heavy

KUALA LUMPUR: Petra Energy Bhd, EG Industries Bhd, Hartalega Holdings Bhd and TH Heavy Engineering Bhd are among the stocks to watch on Wednesday, according to JF Apex Research.

THHE unit gets writ of summons from Dubai to pay US$6.23mil

PETALING JAYA: TH Heavy Engineering Bhd’s (THHE) subsidiary, Floatech (L) Ltd, has received a writ of summons filed by Drydocks World – Dubai LLC on April 23.

GBH associate bags RM64m job

PETALING JAYA: Globalmariner Offshore Services Sdn Bhd (GMOS), an associate company of Goh Ban Huat Bhd (GBH), has bagged a RM64mil contract from TH Heavy Bhd for the Layang development project, located in Block SK10, offshore Sarawak.

It is for the provision of EPCIC and lease of vessel

PETALING JAYA: TH Heavy Engineering Bhd (THHE) has won a contract for the provision of engineering, procurement, construction, installation and commissioning (EPCIC) and leasing of its floating production storage and offloading (FPSO) vessel, a deal that could be worth up to RM2.67bil.

Life Inspired has a chic new look

2020 is all about change, and Life Inspired did just that with a fresh makeover!

This month, we speak to 3 female icons about empowerment and more - read it for FREE this week.