bukit jalil is suitable for data centre, same area with teknologi park bukit jalil haha
Business council says more Chinese companies are looking to set up data centres in Malaysia
NST Tue, May 07, 2024 12:28pm - 3 hours


KUALA LUMPUR: More Chinese companies are expected to set up data centres in Malaysia in the next five years, said Malaysia-China Business Council.

Malaysia-China Business Council executive/director (acting) Datuk Alvin Tee said the council is seeing interest from Chinese companies to set up data centres in Malaysia, particularly in places like Cyberjaya.

He said Malaysia's strong IT infrastructure and a skilled workforce, makes it an attractive destination for digital investments.

"There is also interest in the semiconductor sector due to the ongoing US-China trade tensions, but it's important for us to ensure that any investments contribute positively to our GDP and don't just rely on cheap labour or materials.Instead of just focusing on trade surplus numbers, we should consider things like knowledge and technology transfer, as well as people-to-people connections, which have improved a lot over the past 50 years," he said.

"So, while there's definitely interest from China, it's crucial for our government to monitor and manage these investments to ensure long-term benefits for our economy," Alvin told reporters on the sideline of the Malaysia-China Commemorative Forum here today.

Deputy Minister of Energy Transition and Water Transformation Akmal Nasrullah Mohd Nasir said China has been Malaysia's largest trading partner for the past 15 years.

In 2023, total trade between our nations reached US$98.80 billion(RM450.84 billion), with imports from China accounting for USD56.69 billion (RM258.63 billion).

These imports primarily include electricaland electronics products, machinery, and chemicals, he said.

total shares~518mil .. say offer price 20sen... =RM100mil++ lebih murah drp satu keping tanah haha jika 40sen ~RM200mil ++ tapi masih jauh lebih rendah drp nilai NTA... period

1ST OFFER FOR A PIECE OF LAND OF HOHUP @rM110MIL, 2ND OFFER FOR THE WHOLE COMPANY OF HOHUP at RM220mil, sanggup jualkan semua? hehe

According to a statement on the US Treasury website the visit is to advance its work countering terrorist financing and revenue generation by Iran and its proxies and to discuss the implementation of sanctions and export controls against Russia.


https://www.malaysiakini.com/news/704728

Iran's capacity to move oil reliant on Malaysian providers, US official says
Reuters
Commodities
Published 05/07/2024, 02:51 AM
Updated 05/07/2024, 02:55 AM
Iran's capacity to move oil reliant on Malaysian providers, US official says

0
© Reuters. FILE PHOTO: Iranian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

© Reuters. FILE PHOTO: Iranian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
|

By Xinghui Kok

SINGAPORE (Reuters) - The United States sees Iran's capacity to move its oil as reliant on service providers based in Malaysia, with oil being transferred near Singapore and throughout the region, the U.S. Treasury Department's top sanctions official said on Tuesday.

Brian Nelson, Treasury's undersecretary for terrorism and financial intelligence, was speaking during a four-day visit to Singapore and Malaysia, which the department said aimed to advance its work in countering financing and revenue generation by Iran and its proxies.

The trip comes as Treasury increases its focus on financing for militant groups routed through Southeast Asia, including through fundraising efforts and illicit sales of Iranian oil.

Nelson told reporters the United States was trying to prevent Malaysia from becoming a jurisdiction where the Palestinian militant group Hamas could both fundraise and then move money.

He said the United States saw Iranian oil being transferred near Singapore and throughout the region.

Last December, Treasury imposed sanctions on four Malaysia-based companies it accused of being fronts supporting Iran's production of drones.

Nelson also said sanctions and export controls against Russia were seeing progress, saying the Russian oil price cap was reducing Moscow's capacity to profit from oil sales while preserving the stability of global energy markets.

Singapore is a major shipping hub. Insurance and other maritime service providers operating in Singapore have warned of evasion of the price cap on Russian oil, complaining that it is difficult to confirm that paperwork promising oil is bought at or below the $60 cap is accurate.

probably exsim's tactic, rM110MIL FOR A PIECE OF YOUR LAND... LATER, rm220MIL FOR THE WHOLE HOHUP HAHA ...

so many valuable assets inside hohup... 13sen super cheap.. NTA 66sen.. sell a piece of land je fetched RM110mil.. current market cap just ~Rm65mil.. hehe

Hohup, Share Issued 518.260m Market Cap RM64.782m (less than RM65mil)

Good for exsim to acquire it cheaply now :)

EXSIM
Company Background
Environmental awareness is an important philosophy that we hold close to our hearts. Our portfolio expanse ranges from industrial to residential projects and while constantly developing, we are also equally intensifying our efforts to create buildings with a specific character which exemplifies innovative green features.

Our current series of residential developments carry distinct significance based on the eco-friendly emphasis we have carefully placed on them. We started our first four projects under the Nouvelle banner and gradually grew our property arm into becoming residential developers.

Our maiden residential development – The Treez, was recognized for its unique green features which awarded us the title, ‘First Green Residential Building’ in Southern Kuala Lumpur. By meeting Malaysia’s Green Building Index’s standard, we constantly ensure that our progressive growth is always aligned with our philosophy of creating a sustainable environment for the future.

Besides establishing ourselves as property developer, we have also extended our business into scheduled waste management. Our sister company, Pentas Flora Sdn Bhd is a comprehensive scheduled waste management company that operates to produce recycled fuel oil for industrial uses.





New Age Ingenuity
At EXSIM Group, every venture we undertake utilises technology in an intelligent and organic manner for the advancement of mankind.

Being born in the age of technology is definitely a marvellous blessing. Today, technology is already a vital component in many aspects of our lives. It has made a prominent entrance into our lives and has undoubtedly proven its existence to loom and boom for consistent advancement.

We delve through the depth of mankind’s accumulated brilliance and ingenuity to address the issues that buildings have to contend with, while carefully preserving a precious gift which no amount of technology can supersede– Mother Nature’s masterpiece.

We initiated our portfolio in property development with commercial and industrial projects in Kota Damansara. The overwhelming response from buyers is a testament to how we are revolutionising the property industry landscape. By constantly raising our ingenuity, we certainly believe that our well-thought-of projects can and will be of the new age excellence while sustaining our environment at the same time.

So come with us and take one step into the future and at the same time, a step back to nature.

Exsim might offer to acquire ho hup at fire sale price now. hehe

The construction division of Ho Hup Construction Company Berhad and Exsim Development Sdn Bhd can potentially create a synergistic relationship due to their complementary strengths and capabilities.

Ho Hup’s Construction Division: Ho Hup Construction Company Berhad has a long history and vast experience in the construction sector. It has successfully completed numerous international projects through its subsidiaries in India, Madagascar, Mauritius, China, South Africa, Thailand, and Indonesia. Locally, Ho Hup has completed numerous projects from both the private and government sectors for high-rise intelligent buildings, stadiums, airports, highway & bridges, railways & light rapid transit, off shore marine works, oil & gas works, commercial building development, deep foundation works, and many more. Ho Hup is known for its comprehensive fleet of light and heavy modern construction equipment. It has a strong reputation for its involvement in national projects such as the Petronas Twin Towers, National Sports Complex, Kuala Lumpur International Airport (KLIA), Light Rail Transit System (LRT), Malaysia –Singapore second crossing, and major highways.

Exsim’s Construction Division: Exsim Group is known for developing property with an emphasis on environmental awareness and New Age Ingenuity. It has a portfolio that ranges from industrial to residential projects. Exsim is committed to creating buildings with a specific character that exemplifies innovative green features.

Potential Synergy: The synergy between Ho Hup and Exsim could be realized in several ways:

Experience and Expertise: Ho Hup’s extensive experience and expertise in large-scale construction projects could provide valuable insights and technical know-how to Exsim’s projects. This could potentially enhance the quality and efficiency of Exsim’s construction processes.
Resource Sharing: The two companies could potentially share resources such as construction equipment and manpower. This could lead to cost savings and improved operational efficiency.
Risk Management: Ho Hup’s experience in managing risks associated with large-scale projects could be beneficial to Exsim. This could help Exsim to better manage the risks associated with its projects.
Innovation and Sustainability: Exsim’s focus on environmental awareness and innovative construction methods could inspire Ho Hup to incorporate more sustainable practices in its projects. This could enhance the environmental performance of Ho Hup’s projects and contribute to its corporate social responsibility goals.
In conclusion, the construction divisions of Ho Hup and Exsim could potentially create a synergistic relationship that enhances their capabilities, improves efficiency, and contributes to their sustainability goals

Good for Ho hup and Exsim if they become 1. :)

let’s look at the property projects of Ho Hup and Exsim in Bukit Jalil and Kota Kinabalu.

Ho Hup in Bukit Jalil: Ho Hup’s significant project in Bukit Jalil was the Flex project. This RM1 billion mixed development project was planned to consist of two tower blocks housing small office-versatile office (SOVO) units, a hotel, and serviced apartments atop an eight-storey podium with retail spaces. However, Ho Hup decided to sell the land for this project to bolster its financial position.

Exsim in Bukit Jalil: Exsim has two notable projects in Bukit Jalil, namely The Rosewoodz and The Kingswoodz. The Rosewoodz is a bold, statement-making structure that elevates the neighbourhood’s visual landscape. The Kingswoodz offers modern luxury residences where convenience, connectivity, and comfort converge.

Ho Hup in Kota Kinabalu: Ho Hup’s notable project in Kota Kinabalu is The Crown Service Suites. This seafront development consists of 323 suites. The suites come with a dual-key feature and are suitable for short lets in Kota Kinabalu. The units range from 1,360 sq ft to 1,986 sq ft and are priced between RM1.26 million and RM2.43 million4.

Exsim in Kota Kinabalu: Exsim, through its subsidiary BEDI Development Sdn Bhd, has entered into a joint venture agreement with Suria Capital for the development of two parcels of prime land within the Kota Kinabalu Port area5. The details of the projects to be developed on these lands are not specified5.

In summary, both Ho Hup and Exsim have undertaken significant property projects in Bukit Jalil and Kota Kinabalu, demonstrating their commitment to developing high-quality residences and commercial spaces in these areas. Their projects reflect a focus on modern luxury, convenience, and strategic location, catering to a variety of lifestyle and investment needs.

Ho Hup Construction Company Bhd and Exsim Development Sdn Bhd have entered into a significant business transaction that demonstrates their strategic synergy.

Ho Hup, through its wholly-owned subsidiary Bukit Jalil Development Sdn Bhd (BJD), has decided to sell a 3.09-acre land parcel in Bukit Jalil for RM110 million in cash24. This land was initially designated for the Flex project, a RM1 billion mixed development project. The project was planned to consist of two tower blocks housing small office-versatile office (SOVO) units, a hotel, and serviced apartments atop an eight-storey podium with retail spaces.

The buyer is Exsim Persiaran Jalil Sdn Bhd, a wholly-owned subsidiary of Exsim Development. As part of the deal, Exsim Persiaran Jalil will absorb BJD’s outstanding development charges, totaling RM10.6 million.

The primary aim of this decision by Ho Hup is to bolster the company’s financial position. Ho Hup plans to allocate RM80 million from the sale to debt reduction, after earmarking portions of the proceeds for bank loan repayments, purchaser refunds, and payments to consultants and contractors.

This strategic manoeuvre is expected to improve Ho Hup’s liquidity and shore up its financial standing, especially with the Flex project already underway and significant capital needs ahead. The company expects this move to lower its gearing ratio from 1.49 times to 1.31 times.

In consideration of the proposed disposal, Exsim Persiaran Jalil intends to suspend the existing Flex project and terminate all contracts with the existing consultants and contractor, as well as the existing end purchasers. This move demonstrates Exsim’s strategic flexibility and adaptability in managing its property portfolio.

In summary, this transaction between Ho Hup and Exsim represents a strategic synergy where both parties stand to benefit. Ho Hup can improve its financial position, while Exsim acquires a valuable land asset for future development

if the founder cum largest shareholder's second gen has no interest in the biz, better cash out and sell all the Exsim ... wait n see

most likely, exsim would offer MGO for Hohup... RM110mil for a piece of land of Hohup, exsim is cash rich and profitable, acquire hohup has synergy, construction arm is strong and also its existing investment properties in bukit jalil e.g. aurora place bukit jalil, wisma ho hup bukit jalil, etc.

www.businesstoday.com.my › 2024/05/06 › ho-hup-disposes-itsHo Hup Disposes Its Bukit Jalil Land To Exsim For RM110 Million
1 day ago · The agreement is for the proposed disposal of a parcel of freehold commercial development land that measures 12,492 square metres (equivalent to approximately 134,463

Msybe, exsim might take over hohup. Already offered to pay rm110mil for a piece of its land

refocus on KK prop dev project (70%++ sold) & 25% ownership of a prop dev project in Johor. Good to reemphasise construction sector as its forte.

any drop is an opportunity to buy. :)

After yesterday's announcement, these directors can sapu syer dah , bukan lagi insider info lagi. Going to surge in volume& price expected yah hehe


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5169 HOHUP HO HUP CONSTRUCTION COMPANY
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
Subject : Intention to Deal During Closed Period
1. Details of Intention to Deal During Closed Period
Salutation : DATO'
Name : WONG KIT-LEONG
Designation : Executive Director
Description of "Others" Designation :
Nature of Interest : Direct Interest
Description of Securities : Ordinary Shares
No of Securities Held : 150,000
% of Securities Held : 0.029
2. Details of Intention to Deal During Closed Period
Salutation : DATIN
Name : CHAN BEE LENG
Designation : Others
Description of "Others" Designation : NON-INDEPENDENT NON-ECUTIVE DIRECTOR
Nature of Interest : Direct Interest
Description of Securities : Ordinary Shares
No of Securities Held : 47,700
% of Securities Held : 0.009
3. Details of Intention to Deal During Closed Period
Salutation : DATIN
Name : CHAN BEE LENG
Designation : Others
Description of "Others" Designation : NON-INDEPENDENT NON-EXECUTIVE DIRECTOR
Nature of Interest : Deemed Interest
Description of Securities : Ordinary Shares
No of Securities Held : 61,171,422
% of Securities Held : 11.803
4. Details of Intention to Deal During Closed Period
Salutation : MR
Name : LOW KHENG LUN
Designation : Others
Description of "Others" Designation : NON-INDEPENDENT NON-EXECUTIVE DIRECTOR
Nature of Interest : Deemed Interest
Description of Securities : Ordinary Shares
No of Securities Held : 48,325,732
% of Securities Held : 9.325
5. Details of Intention to Deal During Closed Period
Salutation : TAN SRI DATUK
Name : SERI (DR) MAZLAN BINLAZIM
Designation : Others
Description of "Others" Designation : INDEPENDENT NON-EXECUTIVE DIRECTOR
Nature of Interest : Direct Interest
Description of Securities : Ordinary Shares
No of Securities Held : 253,800
% of Securities Held : 0.049
Remarks :
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

29/04/2024 07:00 AM


Ref Code: 202404293000700

Downside risk is low, upside is unlimited. :) do your own calculated risk yah hehe

Fighting continues, see which side will win ;)

The war began when Hamas militants attacked Israel on Oct 7, killing about 1,200 people and abducting 252 others, of whom 133 are believed to remain in captivity in Gaza, according to Israeli tallies.

Rafah hit by strikes
Any truce would be the first pause in fighting since a week-long ceasefire in November, during which Hamas freed around half of the hostages its fighters captured in the Oct 7 attack that precipitated the war.

Lastly, last Israeli move to defeat hamas terrorists

RAFAH, Gaza Strip/CAIRO/JERUSALEM - Palestinian militant group Hamas on May 6 agreed to a Gaza ceasefire proposal from mediators, but Israel said the terms did not meet its demands and pressed ahead with strikes in Rafah while planning to continue negotiations on a deal.

The developments in the seven-month-old war came as Israeli forces struck Rafah on Gaza’s southern edge from the air and ground and ordered residents to leave parts of the city, which has been a refuge for more than a million displaced Palestinians.

Ho hup has restructured and degeared.

Only holds ~25% of a property development project in johor, and 100% of a kk project now which had sold 70%++ todate.

Refocus on construction sector, its forte.

Maybe, reduce headcount like Tesla is on the way due to degearing & restructuring, etc. Quite positive with its future and good valuation now, p/b < 0.25. Value buy.

@xiaoeh

Bro
just curious u alone is promoting HoHup
FA not so rosy leh bro
Past 3 years net loss widen
net debts widen
FCF not consistent
high gearing around 1.4

u got internal news i guess...?


8 hours ago

NEW YORK/LONDON (Reuters) -A gauge of global stock markets rallied on Monday on optimism that major central banks will cut interest rates this year, while the yen weakened against the dollar after a surge last week from Japan's suspected currency intervention.

Stocks on both sides of the Atlantic advanced, and in Asia too, as a softer-than-expected U.S. labor market report on Friday led traders to revive bets that the Federal Reserve would ease monetary policy as early as September.

LIST OF
MATERIAL PROPERTIES
As at 31 December 2023
No. Location/Land details
Age of
Building
Date of
Acquisition Tenure Size
Existing
Use Description
Value
RM’000
1. Ho Hup Tower
Geran 78076, Lot no.101462, Mukim
Petaling, Daerah Kuala Lumpur, Negeri
Wilayah Persekutuan Kuala Lumpur
(Bandar Bukit Jalil)
8 years 21/09/2016 Freehold 146,812
square feet
Office
Tower Office Tower 123,000
2. Geran 79552, Lot 101901 (previously
known as H.S.(D) 119869, PT 15292),
Mukim Petaling, Daerah Kuala
Lumpur, Negeri Wilayah Persekutuan
Kuala Lumpur
(Bandar Bukit Jalil)
– 12/09/1995 Freehold
104,335
square feet Property
development
Development
Land 120,121
3. Carpark B1, B2, B3, LG and LG1 at
Aurora Place, Persiaran Jalil 1, Bukit
Jalil, Kuala Lumpur
– 31/12/2019 Freehold 2,027 bays Carpark Building 64,400
4. 32 Units of Retail Lots located at
Lower Ground floor at Aurora Place,
Persiaran Jalil 1, Kuala Lumpur
– 31/12/2019 Freehold 51,757
square feet Retail Lots Building 48,298
5. Exhibition Floor located at Level 4 at
Aurora Place, Persiaran Jalil 1, Kuala
Lumpur
– 31/12/2019 Freehold 16,685
square feet
Exhibition
Floor Building 14,720

Property and Retail Management Division
Ho Hup’s Property and Retail Management Division manages our retail and commercial assets at Aurora Place, including
the office tower, lower ground retail space totalling 207,087 square feet containing a food and beverage outlets and
five levels of carpark.

In East Malaysia, Ho Hup also launched a mixed development project, The Crown, in Kota Kinabalu, Sabah with an
estimated GDV of RM600 million. This development has a beautiful façade facing the South China Sea. Strategically
located in an area popular with tourists, the mixed development includes a hotel, service suited and a retail by the
waterfront.

Construction Division
Our Construction Division continues to leverage on the technical expertise and established track record of the Group in
order to build a sustainable growth momentum for the Group’s business. Our projects are:
1. East Coast Rail Link (ECRL) projects in Pahang. This project was completed at the end of year 2023; and
2. The Crown Project in Kota Kinabalu, comprising service suites, a five-star hotel and niche retail lots.

Scope of Report
This report covers the Group’s core business activities in construction, property development, building materials and
property and retail management for the period from January 2023 to April 2024. The group approach to sustainability
is aligned with the global national sustainable development goals.
Sustainability measures undertaken by the Group and its sustainability impact shown below:
NO DIVISION / PROJECTS SUSTAINABILITY IMPACT SUSTAINABILITY EESG
CATEGORY
A PROPERTY DEVELOPMENT
1) Flex @ Bukit Jalil Creating a new business hub in
Bukit Jalil City
Economic
Environmental
Social
2) The Crown, Kota Kinabalu Through innovative architectural
design and features, the project
enchances and supports
sustainable morden lifestyles
Economic
Environmental
Social
B CONSTRUCTION
1) National Infrastructure
-East Cost Rail Link (ECRL)
Building a national infrastructure
that will help link cities & towns,
and upgrade public transport in
rural areas.
Economic
Environmental
Social
Governance
C BUILDING MATERIAL
1) (Quarry) Rock Supply for Conservation
works
Resource conservation by
using rock from quarry for the
Breakwater
Economic
Environmental
Social
2) (Ready-mix) Concrete Supply around
Klang Valley
Prudent planning for delivery
helps to lower carbon footprint
Economic
Environmental
Social
D PROPERTY AND RETAIL MANAGEMENT
1) Aurora Place, Bukit Jalil
-Lower Ground Retail
-Level 4
-Ho Hup Tower
-Carparks
The clean, green environment
through efficient maintenance
practices, contributes to an
improved business environment
and enchanced security for the
Aurora Place community
Economic
Environmental
Social
2) Food and Beverage (F&B) business Making food and beverage
convenient for visitors, residents
and employees in Aurora Place.
Economic
Social

Good to monetise and degear. Fly esok.

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS HO HUP CONSTRUCTION COMPANY BERHAD ("HO HUP" OR "COMPANY") PROPOSED DISPOSAL BY BUKIT JALIL DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF A PARCEL OF FREEHOLD COMMERCIAL DEVELOPMENT LAND FOR A CASH CONSIDERATION OF RM110,000,000
HO HUP CONSTRUCTION COMPANY BHD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description HO HUP CONSTRUCTION COMPANY BERHAD ("HO HUP" OR "COMPANY")

PROPOSED DISPOSAL BY BUKIT JALIL DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF A PARCEL OF FREEHOLD COMMERCIAL DEVELOPMENT LAND FOR A CASH CONSIDERATION OF RM110,000,000
M&A Securities Sdn Bhd, on behalf of the Board of Directors of Ho Hup wishes to announce that Bukit Jalil Development Sdn Bhd (“BJD” or “Vendor”), a wholly-owned subsidiary of the Company had on 6 May 2024 entered into a conditional sale and purchase agreement (“SPA”) with EXSIM Persiaran Jalil Sdn Bhd (“Purchaser”) for the proposed disposal of a parcel of freehold commercial development land measuring 12,492 square metres (equivalent to approximately 134,463 square feet or 3.09 acres) held under H.S.(D) 123328, PT 50194 in the Mukim of Petaling, District of Kuala Lumpur and State of Wilayah Persekutuan (“Land”) for a cash consideration of RM110,000,000 (“Disposal Consideration”), subject to the terms of the SPA (“Proposed Disposal”).





Kindly refer to the attachment for further details on the Proposed Disposal.





This announcement is dated 6 May 2024.




Please refer attachment below.

Attachments
060524 - Announcement.pdf
431.6 kB

Announcement Info
Company Name HO HUP CONSTRUCTION COMPANY BHD
Stock Name HOHUP
Date Announced 06 May 2024
Category General Announcement for PLC
Reference Number GA1-06052024-00046

More foreigners will buy property here rather than Singapore.

Luxury home sales fall 50% on-year in Q1, with just one foreign buyer
Observers said the doubling of property taxes has dampened the interest from overseas investors in buying residential properties in Singapore.

https://www.channelnewsasia.com/singapore/luxury-home-sales-fall-half-q1-foreign-buyers-decrease-absd-tax-property-residential-real-estate-4315701

Terbanglah esok. RM110mil aliran tunai masuk bagi hohup. cun!

5169 HOHUP HO HUP CONSTRUCTION COMPANY
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
HO HUP CONSTRUCTION COMPANY BERHAD ("HO HUP" OR "COMPANY") PROPOSED DISPOSAL BY
BUKIT JALIL DEVELOPMENT SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF A
PARCEL OF FREEHOLD COMMERCIAL DEVELOPMENT LAND FOR A CASH CONSIDERATION OF
RM110,000,000
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

06/05/2024 06:06 PM


Ref Code: 202405063000245

~3mil shares traded. Nice

Asia shares rally on Fed cut bets; yen pares gains
Trading was thinned in Asia with Japan out for a holiday, though markets in mainland China got off to an upbeat start after returning from an extended break.

Investing.com-- Most Asian stocks rose on Monday, tracking strength in Wall Street as weak payrolls data sparked a resurgence in rate cut expectations, while Chinese markets returned from a long weekend with standout gains.

Father in law (BJCORP) and son in law (NAZA) could take bjfood private, kan? hehe

Naza completes acquisition of waste management company from Berjaya for RM700m cash :: https://theedgemalaysia.com/node/710242

Hopefully some good news to be announced b4 agm on may 30... Tak kan directors gatal mau deal in shares during closed period pulak

Any announcement of new construction contract surely UP few Sen, why directors announced mau deal in shares b4 agm on may 30? A millionaire Q hehe

Sapu kuat, directors dapat pujian d agm kelak hehe


Save Print Back

5169 HOHUP HO HUP CONSTRUCTION COMPANY
General Meetings: Notice of Meeting
52049
Indication: Notice of Meeting
Description: HO HUP CONSTRUCTION COMPANY BERHAD- FIFTIETH ANNUAL GENERAL MEETING
Date of Meeting: 30/05/2024
Time of Meeting: 10:30 AM
Venue: Bukit Jalil Golf and Country Resort,1st Floor, Perdana 1 & 2 Room,Jalan
Jalil Perkasa 3, Bukit Jalil,57000 Kuala LumpurMalaysia
Date of General Meeting Recorduring of Depositors: 23/05/2024
Outcome of Meeting:

Cuma directors dapat insider info yang reliable kan? Hehe

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5169 HOHUP HO HUP CONSTRUCTION COMPANY
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
Subject : Intention to Deal During Closed Period
1. Details of Intention to Deal During Closed Period
Salutation : DATO'
Name : WONG KIT-LEONG
Designation : Executive Director
Description of "Others" Designation :
Nature of Interest : Direct Interest
Description of Securities : Ordinary Shares
No of Securities Held : 150,000
% of Securities Held : 0.029
2. Details of Intention to Deal During Closed Period
Salutation : DATIN
Name : CHAN BEE LENG
Designation : Others
Description of "Others" Designation : NON-INDEPENDENT NON-ECUTIVE DIRECTOR
Nature of Interest : Direct Interest
Description of Securities : Ordinary Shares
No of Securities Held : 47,700
% of Securities Held : 0.009
3. Details of Intention to Deal During Closed Period
Salutation : DATIN
Name : CHAN BEE LENG
Designation : Others
Description of "Others" Designation : NON-INDEPENDENT NON-EXECUTIVE DIRECTOR
Nature of Interest : Deemed Interest
Description of Securities : Ordinary Shares
No of Securities Held : 61,171,422
% of Securities Held : 11.803
4. Details of Intention to Deal During Closed Period
Salutation : MR
Name : LOW KHENG LUN
Designation : Others
Description of "Others" Designation : NON-INDEPENDENT NON-EXECUTIVE DIRECTOR
Nature of Interest : Deemed Interest
Description of Securities : Ordinary Shares
No of Securities Held : 48,325,732
% of Securities Held : 9.325
5. Details of Intention to Deal During Closed Period
Salutation : TAN SRI DATUK
Name : SERI (DR) MAZLAN BINLAZIM
Designation : Others
Description of "Others" Designation : INDEPENDENT NON-EXECUTIVE DIRECTOR
Nature of Interest : Direct Interest
Description of Securities : Ordinary Shares
No of Securities Held : 253,800
% of Securities Held : 0.049
Remarks :
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

29/04/2024 07:00 AM


Ref Code: 202404293000700

Directors dah umum, anda? Puji mereka during agm nanti ya, :)


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5169 HOHUP HO HUP CONSTRUCTION COMPANY
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
Subject : Intention to Deal During Closed Period
1. Details of Intention to Deal During Closed Period
Salutation : DATO'
Name : WONG KIT-LEONG
Designation : Executive Director
Description of "Others" Designation :
Nature of Interest : Direct Interest
Description of Securities : Ordinary Shares
No of Securities Held : 150,000
% of Securities Held : 0.029
2. Details of Intention to Deal During Closed Period
Salutation : DATIN
Name : CHAN BEE LENG
Designation : Others
Description of "Others" Designation : NON-INDEPENDENT NON-ECUTIVE DIRECTOR
Nature of Interest : Direct Interest
Description of Securities : Ordinary Shares
No of Securities Held : 47,700
% of Securities Held : 0.009
3. Details of Intention to Deal During Closed Period
Salutation : DATIN
Name : CHAN BEE LENG
Designation : Others
Description of "Others" Designation : NON-INDEPENDENT NON-EXECUTIVE DIRECTOR
Nature of Interest : Deemed Interest
Description of Securities : Ordinary Shares
No of Securities Held : 61,171,422
% of Securities Held : 11.803
4. Details of Intention to Deal During Closed Period
Salutation : MR
Name : LOW KHENG LUN
Designation : Others
Description of "Others" Designation : NON-INDEPENDENT NON-EXECUTIVE DIRECTOR
Nature of Interest : Deemed Interest
Description of Securities : Ordinary Shares
No of Securities Held : 48,325,732
% of Securities Held : 9.325
5. Details of Intention to Deal During Closed Period
Salutation : TAN SRI DATUK
Name : SERI (DR) MAZLAN BINLAZIM
Designation : Others
Description of "Others" Designation : INDEPENDENT NON-EXECUTIVE DIRECTOR
Nature of Interest : Direct Interest
Description of Securities : Ordinary Shares
No of Securities Held : 253,800
% of Securities Held : 0.049
Remarks :
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

29/04/2024 07:00 AM


Ref Code: 202404293000700

Semasa agm nanti, directors Akan inform, usah risau, kami dah beli syer semasa closed period kan? Hehe

15sen--->18/20sen today jadi? Wait n see n action hehe

https://www.youtube.com/watch?v=zC75o6ncvN0

36,006 views May 3, 2024 #WhatsGoingOnMalaysia #Poscast
Boycotts, Heil Hitler Salutes and a community that doesn't read.

Professor Tajuddin Rasdi talks to Harith Iskander about what is possibly the darkest period in Malaysia's history in this episode of "What's Going On Malaysia?"

#WhatsGoingOnMalaysia #Poscast

@BuildBackBossku

Stupxd boycott. Causing unemployment rate to rise

3 days ago

Baik. Duit masuk, son in law VT bantu bjcorp. Boleh beli lagi banyak syer bjfood hehe

Naza completes acquisition of waste management company from Berjaya for RM700m cash :: https://theedgemalaysia.com/node/710242

Bagus mantap tutup @15sen... next week, more rigorous rise expected hehe

15sen habis stok :)

Overall, he says that the y-o-y performance of rental yields in the selected sub-markets showed cautious optimism with most findings indicating positive and stable trends in the Klang Valley residential market.

He says the return of tourists to Malaysia has supported the demand for short-term stay properties, noting that Malaysia recorded the highest number of tourist arrivals in Southeast Asia last year. “This acts as an opportunity for developers to launch smaller units that target investors who plan to be involved in short-term stay investment in the future. We observe that more such developments are being launched in the KL City area.”

Good4 hohup projects:)

He also anticipates increased investment from expatriates in Malaysia due to the more relaxed requirements for the Malaysia My Second Home (MM2H) programme with the introduction of three tiers: silver, gold and platinum.

“The silver tier requires a minimum fixed deposit of RM500,000 for five years and the option to withdraw up to 50% of the cash after a year for purchasing homes worth RM750,000, healthcare or tourism activities while high-net-worth individuals can apply for the platinum category with a RM5 million deposit, making them eligible for permanent residency in Malaysia. The age limit for MM2H applications has been reduced to 30 years and the required days in Malaysia per year have also been reduced to 60 days.

“These changes are expected to impact foreign buyers’ property acquisition activities in Malaysia, although the Ministry of Tourism, Arts and Culture has yet to He also anticipates increased investment from expatriates in Malaysia due to the more relaxed requirements for the Malaysia My Second Home (MM2H) programme with the introduction of three tiers: silver, gold and platinum.

“The silver tier requires a minimum fixed deposit of RM500,000 for five years and the option to withdraw up to 50% of the cash after a year for purchasing homes worth RM750,000, healthcare or tourism activities while high-net-worth individuals can apply for the platinum category with a RM5 million deposit, making them eligible for permanent residency in Malaysia. The age limit for MM2H applications has been reduced to 30 years and the required days in Malaysia per year have also been reduced to 60 days.

“These changes are expected to impact foreign buyers’ property acquisition activities in Malaysia, although the Ministry of Tourism, Arts and Culture has yet to release the final version of the MM2H application fees,” he says. the final version of the MM2H application fees,” he says.

Asset rich juga, belum re value lagi hehe

LIST OF MaTeRIaL PROPeRTIeS as at 31 December 2023 No. Location/Land details Age of Building Date of Acquisition Tenure Size Existing Use Description Value RM’000 1. Ho Hup Tower Geran 78076, Lot no.101462, Mukim Petaling, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan Kuala Lumpur (Bandar Bukit Jalil) 8 years 21/09/2016 Freehold 146,812 square feet Office Tower Office Tower 123,000 2. Geran 79552, Lot 101901 (previously known as H.S.(D) 119869, PT 15292), Mukim Petaling, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan Kuala Lumpur (Bandar Bukit Jalil)–12/09/1995 Freehold 104,335 square feet Property development Development Land 120,121 3. Carpark B1, B2, B3, LG and LG1 at Aurora Place, Persiaran Jalil 1, Bukit Jalil, Kuala Lumpur–31/12/2019 Freehold 2,027 bays Carpark Building 64,400 4. 32 Units of Retail Lots located at Lower Ground floor at Aurora Place, Persiaran Jalil 1, Kuala Lumpur–31/12/2019 Freehold 51,757 square feet Retail Lots Building 48,298 5. Exhibition Floor located at Level 4 at Aurora Place, Persiaran Jalil 1, Kuala Lumpur–31/12/2019 Freehold 16,685 square feet Exhibition Floor Building 14,720

Back to 15.5sen now, ada pihak mau sapu syer in stages. Cool ya