PETALING JAYA:
The Kuala Lumpur High Court has, in a landmark decision, converted TH Heavy Engineering Berhad’s (THHE) voluntary winding-up into a court-supervised compulsory liquidation, citing serious concerns over how the process was conducted previously.
“This is probably the second time that such an application has been made,” Justice Atan Mustapha Yussof Ahmad said in a written judgment handed down recently.
“The earlier case was decided over a hundred years ago,” he added, citing the Seremban General Agency…