Ho Hup to develop RM180m mixed commercial project in Kuantan

 Publish date: Mon, 12 Mar 2018, 07:50 PM

KUALA LUMPUR: Ho Hup Construction Company Bhd today signed a joint venture (JV) agreement with Koperasi Serbausaha Makmur Bhd (Kosma) to develop a RM180 million mixed commercial project in the prime hotel-commercial section of Kuantan.

In a filing to Bursa Malaysia today, Ho Hup said the project comprises a seven-storey three star-rated hotel, three commercial office floors and a block of 23-storey services apartments, car parks and retail shops.

It said the proposed development is located on a 8,129.9 sq m of freehold land at Jalan Teluk Sisek, Kuantan.

Ho Hup saod the JV agreement is expected to be completed within 48 months from the date of the building plans approval is obtained.

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