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Analyst reports

Supermax Corp Bhd, Century Logistic Bhd, Destini Bhd and JHM Consolidation Bhd.

Trading ideas: Ajiya, MMC, UMW OG, UMW

KUALA LUMPUR: Ajiya, Destini, TH Heavy Engineering, MMC, UMW OG, UMW Holdings are among the stocks which could see trading interest on Friday after their corporate news, says JF Apex Research.

THHE, Destini bag RM739mil deal to supply offshore vessels to MMEA

KUALA LUMPUR: THHE Destini Sdn Bhd, a 51:49 joint venture (JV) between Destini Bhd and TH Heavy Engineering Bhd (THHE), has clinched a RM738.9mil contract to supply three offshore patrol vessels for the Malaysian Maritime Enforcement Agency (MMEA).

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.

BHIC Aeroservices bags RM62.5m govt job to maintain 3 helicopters

KUALA LUMPUR: Boustead Heavy Industries Corporation Bhd's (BHIC) subsidiary has secured a RM62.58mil government contract to provide maintenance and support services for three helicopters.

Weak close for KLCI as Genting sold off

KUALA LUMPUR: Blue chips came under selling pressure throughout Thursday, with Genting Bhd erasing 2.4 points from the FBM KLCI, in line with the weaker broader market and key regional bourses.

TH Heavy bags contract for 3 offshore patrol boats from MMEA

KUALA LUMPUR: TH Heavy Engineering has received a non-binding letter of intent from the Malaysian Maritime Enforcement Agency (MMEA) to supply three offshore patrol boats.

SME makes its presence felt in Malaysia’s surveillance systems

A local SME is playing an important role in improving the radar coverage of Malaysia’s coasts and skies.

BHIC may start work on patrol vessels only late next year

THE construction of six patrol vessels by Boustead Heavy Industries Corp Bhd (BHIC), a maritime engineering and defence-related services provider, may only begin as early as the fourth quarter of next year.

Proton to get local partner?

The Government has not ruled out the possibility of local partners for Proton, Deputy Prime Minister Datuk Seri Najib Tun Razak said.