TH Heavy Engineering Berhad, a fabricator of offshore oil and gas facilities, disclosed that winding-up petitions against the firm have been presented to The Kuala Lumpur High Court of Malaya from 2 more companies :
The first winding-up petition was served by Nusapetro Sdn Bhd, with the firm seeking $399,001 (MYR 1,605,285), inclusive of interest rate, from TTHE. Nusapetro said the amount is for the supply of API610 centrifugal pumps package for the floating production, storage and offloading (FPSO) Layang project.
Winding-up No. WA-28NCC-622-07/2016 by Nusapetro Sdn Bhd (“Petitioner”) and a copy was served to THHE’s registered address on 28th July, 2016.
Bicara Sepakat Sdn Bhd also submitted a winding-up petition against TTHE's 70 percent owned subsidiary THHE Fabricators Sdn Bhd, claiming $238,830.69 (MYR 960,877.98) inclusive of interest rate for the provision of piping fabrication, installation, hydrotest and reinstatement works
Winding-up No. WA-28NCC-623-07/2016 by Bicara Sepakat Sdn Bhd (“Petitioner”) and a copy was served to THFSB’s registered address on 28th July, 2016.
If THHE is nasty, it can challenge all this winding up petitions in Court.....It will take atleast 3-5 years to have a decision.....with Najib's Help --740millions ---THHE can concentrate on rebuilding--- I also sent wind-up petitions before...it is easy to say than Done----LONG court time
It is same pattern bcoz someone has already contracted the job to push....as long as All major investors including THB don't sell down the porfolio.....It will hit the pre-set target.....all "commissioned" goreng stock run this way
FX Lee....Do you want THB and Najib to announce in paper that this is a Bail-Out.....Mahathir pump some much money into Perwaja Steel and Proton but they Never even said Thank You---- bcoz this is Of National Interest........Tabung Haji's money is pilgrims fund, i think is more important than National Interest---it is Voters money
THERE ARE NOW TOTAL 5 WINDING UP PETITIONS, LATEST 2 NEWS IS ACTUALLY RECEIVED AND ANNOUNCED AFTER THE LOI, AND 3 OLD NEWS WAS BEFORE THE LOI ANNOUNCED.
Tat was last friday news I already posted, no need repost again, last 2 petition only totalling rm2.6m, sup sup sui .. once in goreng mode, all these news become irrelevant
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Posted by JJchan > 2016-08-02 09:46 | Report Abuse
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