Based on gilly3's answer.
If you want to convert:
08:00 to 08:00 AM
16:00 to 04:00 PM
Then this will work:
function tConv24(time24) {
var ts = time24;
var H = +ts.substr(0, 2);
var h = (H % 12) || 12;
h = (h < 10)?("0"+h):h; // leading 0 at the left for 1 digit hours
var ampm = H < 12 ? " AM" : " PM";
ts = h + ts.substr(2, 3) + ampm;
return ts;
};