KLSE (MYR): HOHUP (5169)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.15
Today's Change
0.00 (0.00%)
Day's Change
0.15 - 0.15
Trading Volume
13,000
You are setting up a price and signal alert with 15 minutes delay. Click here to enjoy real-time price and signal alerts.
13 people like this.
6,009 comment(s). Last comment by papakuching 3 weeks ago
Posted by Good123 > 2024-03-27 14:59 | Report Abuse
Ho Hup ICM-Quarry Sdn Bhd
Ho Hup Construction Company Berhad, via its 70% subsidiary company, Ho Hup Venture (Malacca) Sdn Bhd, had on 30 December 2015, completed the acquisition of a quarry business in Taboh Naning, Alor Gajah, Melaka with the view of catering to the demand for quarry products from the infrastructure development and construction activities in Melaka, sourthern Negeri Sembilan and northen Johor.
Ho Hup Quarries (Malacca) Sdn Bhd (formerly known as Erakuasa Global Sdn Bhd) (“HHQM”) holds a 75% interest in Ho Hup-ICM Quarry Sdn Bhd (formerly known as ACVICM Quarry Sdn Bhd) (“HHICM”), an incorporated joint venture company (“JV Co”) with a Malacca State Government link company, ICM Industries Corporation Bhd (“ICM”), which holds the balance of 25% equity.
The Quarry Land is strategically situated about 5km from the North-South Highway by exiting from the Alor Gajah / Tampin interchange and is within a 15km – 20km radius of Malacca City locality.
Posted by Good123 > 2024-03-27 15:00 | Report Abuse
Bukit Jalil Development Sdn Bhd
Ho Hup Construction Company Berhad (“HOHUP”) rapid rise in the property development sector through its subsidiary company, Bukit Jalil Development Sdn Bhd (“BJD”) is notable. The company, a CIDB licensed developer made its presence known and felt since April 1994 and continuously delivered quality homes to Malaysians.
Henceforth, HOHUP has spearheaded into this industry with much gusto, gaining as much experience as possible whilst making great strides in becoming a major player.
BJD is a special purpose vehicle established to provide impetus to develop entire BANDAR BUKIT JALIL. The company’s core business activity of property development is well supported by its construction and infrastructure parent company, Ho Hup to deliver product and service of the highest quality standard to its customers.
BJD owns 153 acres of freehold prime land which is located near the National Sport Complex with easy access to the Kuala Lumpur City Centre.
The 60-acre commercial prime land owned by BJD covers a land area of 243,000-square metre (or 60.05-acres), held under the Master Title Geran No. 42277, Lot No. 36101. The 60-Acre Land, (known as Lot 36101, PT4774, Mukim of Petaling, District of Kuala Lumpur, Wilayah Persekutuan) located within the Bandar Bukit Jalil, is a near oval shaped parcel of freehold commercial land.
HOHUP’s current business model for property development division is to focus on projects on joint venture arrangements and financing on project basis.
Development of the 60-Acres Land which comprises of the joint development with Pioneer Haven and BJD’s own development provides a firm and sustainable basis to turn around the Group’s financial position. Parcel A is the first phase of the project out of the 10 acres to be developed by BJD which consist of 64 units of shop offices and a 15-storey SOVO which were soft launched in September 2012 and September 2013.
HOHUP is focused on launching of its Laman Iskandaria Township project located towards the South of Malaysia which had gained overwhelming reception.
Similarly, to the construction division, HOHUP is currently adopting a conservative approach for undertaking projects with well-defined and well managed risks. The Group’s emphasis is on the selection of reliable joint venture partners to partner with.
Posted by Good123 > 2024-03-27 15:01 | Report Abuse
Flex Sovo, Bukit Jalil
Exquisitely crafted with indelible class. A prestigious development with leading modern design and contemporary architecture. Strategically located in the Southern Gateway of Kuala Lumpur, Bukit Jalil City with excellent connectivity via major highway networks and public amenities such as Pavilion Bukit Jalil Megamall, Bukit Jalil Park, and National Sport Centre will be the epicentre of new vibrant Suburban Township.
https://flexsovo.com.my/
Posted by Good123 > 2024-03-27 15:03 | Report Abuse
Laman Iskandaria, Kulai
A 429-acre development, Laman Iskandaria is a master planned community comprising of landed residences and commercial shoplots. The contemporary and innovative design feature incorporating natural surrounding amidst the hustle and bustle of the city.
First phase launch of the 99.83 acres of Laman Iskandaria, Nadira Residensi, 2 storey terrace house, targeted at the affordable housing segment to meet the growing demand for this housing in the vicinity and The SouQ, 2 storey shoplots will be the commercial units to cater the residents. This promising development brings you an ultimate experience in serenity, joy and harmonious lifestyle with plentiful opportunities for all.
https://lamaniskandaria.com.my/
Posted by Good123 > 2024-03-27 15:04 | Report Abuse
The Crown, Kota Kinabalu
Standing tall next to the best neighbours, The Crown is on the last parcel of land in the most desirable part of Kota Kinabalu, with a host of amenities like entertainment outlets, shops and hospitals. Its finest neighbour is the Crowne Plaza Hotel-a five-star hotel with a sterling reputation throughout the world and a welcome addition to the Kota Kinabalu hospitality scene.
https://thecrownkk.com/en_US/
Posted by Good123 > 2024-03-27 15:10 | Report Abuse
HOHUPGROUP – A name that is no stranger to the industry, Ho Hup Construction Company Berhad, a pioneer in Malaysia’s construction and development industry, is a force to be reckoned with. Carrying 50 years of proven experience and track record, the Group’s portfolio includes several monumental pride of the country, namely the Petronas Twin Towers, the Bukit Jalil International Sports Complex, Kuala Lumpur International Airport (KLIA), the Light Rail Transport (LRT), the Malaysia-Singapore Second Link crossing, the Kerteh Petronas gas pipeline; and major expressways including the North-South Highway and the KL-Kuantan Highway, among many others.
The Group’s property development arm Bukit Jalil Development Sdn Bhd, stands strong with its signature success such as Jalil Sutera – a gated and guarded community of 2-storey Superlink and Semi-Detached homes. Other notable developments include the Jalil Damai Apartments and The Ritz Shop-Offices, Aurora Sovo, Aurora Place & Ho Hup Tower – all located in the fast growing Bukit Jalil City Centre, south of Kuala Lumpur City Centre.
As a pioneer and innovative developer, Ho Hup continues to plan and roll out projects to deliver better, high value-added residential and commercial developments for future generations.
PROJECT MANAGER
TRIBECA – TRIBECA Real Estate Asset Management Sdn Bhd (TRIBECA) is an innovativereal estate development and advisory firm based in Malaysia. Their strategies are founded upon years of experience and sound business acumen with the aim of creating lasting value in real estate investments for their partners, investors and clients. At the same time, their enduring collaborations with the world’s leading names in architecture, interior design, landscaping, civil engineering and construction ensure that all their projects exhibit the highest quality.
TRIBECA is more than just a property developer, it is also a marque that adds value to any property asset. They strongly believe that great property development goes beyond its investment value. As a result, they do their best to make a difference to people’s lives and the environment in all of our business endeavours. Their full-spectrum services include negotiating for curated property transactions, delivering property development services, advising on capital structures, procuring financing, managing assets and creating new enterprises.
TRIBECA can be likened to a rainmaker that creates asset value appreciation in the real estate business and new enterprises, by blending intelligent collaborations with sound investments. Their aim is to help fellow investors create, manage and market sustainable projects, while looking forward to continuously blazing trails in the real estate industry in Malaysia.
Posted by Good123 > 2024-03-27 15:15 | Report Abuse
Friday, 22 Mar 2024
5:16PM
HOHUP LEE FOOK YUEN (1,715,100 units Acquired)
Thursday, 21 Mar 2024
5:53PM
HOHUP Appointment of CHEE HONG LEONG As Chief Exec Officer
Posted by Good123 > 2024-03-27 15:35 | Report Abuse
Price Target
A price target is an analyst's projection of a share's future price.
Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.
Last Price
0.19
Avg Target Price
0.84
Upside/Downside
+0.65 (342.11%)
https://klse.i3investor.com/web/stock/analysis-price-target/5169
Posted by Good123 > 2024-03-27 15:37 | Report Abuse
27 march 2025 ? 20-25sen? hehe
2024-03-26 0.19 0.19 0.175 0.175 -0.015 (7.894%) 583,800
2024-03-25 0.205 0.22 0.19 0.19 0.00 (0.00%) 3,014,100
2024-03-22 0.18 0.19 0.17 0.19 +0.015 (8.571%) 2,744,000
2024-03-21 0.175 0.185 0.165 0.175 0.00 (0.00%) 3,187,000
2024-03-20 0.155 0.18 0.155 0.175 +0.025 (16.666%)
Posted by Good123 > 2024-03-27 15:39 | Report Abuse
5169 HOHUP
HO HUP CONSTRUCTION COMPANY Detailed Status Active. Member of Indices Construction
Listed On Main Market $$ Sector Construction $$ Sub-Sector: Construction
Share Issued 518.260m
Market Cap 98.469m
Entitlement-Syariah Yes
Posted by Good123 > 2024-03-27 15:53 | Report Abuse
19sen dah clear/// see how high can it fly sebelum 5pm hehe
Posted by Good123 > 2024-03-27 15:54 | Report Abuse
19.5sen pun dah clear jugak. mau breakthru 20sen hehe
Posted by Good123 > 2024-03-27 15:54 | Report Abuse
nampaknya pasti 20sen+ sebelum 5pm cheers
Posted by Good123 > 2024-03-27 15:55 | Report Abuse
now tunggu 20sen clear dulu hehe
Posted by Good123 > 2024-03-27 15:56 | Report Abuse
ada pihak sedang beli berterusan.. ada good berita barangkali kot
Posted by Good123 > 2024-03-27 15:56 | Report Abuse
keep ya! moving up ... ada pihak mau syernya...
Posted by Good123 > 2024-03-27 15:57 | Report Abuse
stay calm , usah jual terlalu awal ya
Posted by Good123 > 2024-03-27 16:12 | Report Abuse
rebounding... hohup, a construction stock... greatly undervalued... even 20sen+ pun kira terlalu murah
Posted by Good123 > 2024-03-27 16:55 | Report Abuse
close at 19.5sen... very likely tomorrow, it would be pushed higher by buyers :)
Posted by Good123 > 2024-03-27 18:01 | Report Abuse
The Malaysian construction sector ended 2023 on a high, with total construction work value reaching RM132 billion ringgit, the highest in 4 years. Can this momentum be sustained in 2024? We discuss the outlook for the sector with Chong Tjen-san of CGS International Securities.
Posted by Good123 > 2024-03-27 18:21 | Report Abuse
Can construct more :)
https://www.thestar.com.my/business/business-news/2024/03/27/property-stocks-rally-on-declining-unsold-units-new-launches
Posted by Good123 > 2024-03-27 23:11 | Report Abuse
Large-scale infrastructure projects can further spur Malaysia's economic development
savemalaysia
Publish date: Wed, 27 Mar 2024, 08:55 AM
KUALA LUMPUR: Malaysia should focus on initiating large-scale infrastructure projects, which are crucial for the country's economic development as they generate spillover effects and employment opportunities.
This, in turn, would not only enhance productivity but also ensure that Malaysia maintained its global competitiveness, said KGV International Property Consultants executive director Samuel Tan.
He said notwithstanding the underwhelming performance in the fourth quarter of last year, there would be an upside lift for the economy this year, driven by Light Rail Transit, Mass Rapid Transit and Pan Borneo Sabah highway projects.
A spokesperson with a foreign fund management company, who spoke on condition of anonymity, said he anticipated a promising outlook for the construction sector, supported by ongoing government projects.
He said the landscape was bolstered by private-sector construction ventures, buoyed by substantial investments in new semiconductor foundries and data centres.
"Last year, the overall performance of the construction industry was below expectations, with most players recording low earnings.
"The industry remains plagued by rising construction costs, declining order books and a fierce competitive environment.
"However, we believe that industry revenue will show better performance in the coming quarters."
One of the significant infrastructure undertakings in Malaysia is the Pan Borneo Sabah highway.
Big contractors, particularly those with a proven track record in Sabah and robust financial standings, are expected to take the lead in bidding for the remaining contracts as the project's funding mechanism becomes clearer.
According to CIMB Securities, the tender activities for Phase 1B of Pan Borneo Sabah are gaining traction, evidenced by the recent awarding of multiple new contracts.
The research firm said Phase 1B of the highway, valued at RM15.7 billion, encompassed 20 work packages, each averaging about RM785 million.
"Four packages were awarded on March 22 and physical work is set to commence on April 1.
"For the remaining 16 packages, the tender process is expected to conclude by the end of this month, with physical work scheduled to begin in May. So far, a total of 300 companies have participated in the Phase 1B tender and we believe that it would take a few months to shortlist the candidates," it said.
However, CIMB Securities cautioned that the project's margins might face pressure due to stiff competition.
Despite this, cost-competitive contractors still have the opportunity to secure multiple contracts when the tenders conclude.
CIMB Securities noted a distinct lack of public-listed construction companies involved in the Pan Borneo Sabah project.
It said most, if not all, of the contractors chosen for Phase 1A and the initial four packages of Phase 1B were privately held entities.
"However, we anticipate that public-listed contractors will take centre stage in the upcoming bidding processes as the project's funding mechanism becomes more transparent," it added.
https://www.nst.com.my/business/corporate/2024/03/1030975/large-scale-infrastructure-projects-can-further-spur-malaysias
Posted by Good123 > 2024-03-28 22:18 | Report Abuse
25-30sen soon... wait n see yah!
Posted by Good123 > 2024-03-29 08:38 | Report Abuse
Dah ada queue at 20sen walaupun awal lagi hehe
Posted by Good123 > 2024-03-29 08:39 | Report Abuse
Probably the Major shareholders or interested parties are grabbing hohup shares in view of the recovery of the construction industry
Posted by Good123 > 2024-03-29 08:46 | Report Abuse
He knew something kita tak tahu kot hehe
<%-- for fixing scrollbar--%>
Save Print Back
5169 HOHUP HO HUP CONSTRUCTION COMPANY
Notice of Interest Sub. S-hldr (Section 137 of CA 2016)
Particulars of Shareholder
Name : LEE FOOK YUEN
NRIC/Passport No./Company No. : -
Nationality/Country of Incorporation : Malaysia
Address:
-
Descriptions (Class and Nominal Value):
Ordinary Shares
Name and Address of Registered Holder:
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
Details of Changes
Date of Notice : 22/03/2024
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 19/03/2024 Acquired 1,715,100 -
Circumstances by reason of which change has occurred:
Acquisition of Shares
Nature of Interest:
Direct Interest
Consideration:
No of Shares Held After Changes:
Direct : 26,141,900 shares (5.0440%)
Total : 26,141,900 shares
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
Submitted By:
22/03/2024 07:00 AM
Ref Code: 202403223800158
Posted by Good123 > 2024-04-15 11:40 | Report Abuse
NTA 66sen @31/12/23, Balance sheet seems ok...
HO HUP CONSTRUCTION COMPANY BERHAD 197301000497 (14034-W)
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
For the financial year ended 31 December 2023
(The figures have not been audited)
3
31 Dec 2023 31 Dec 2022
RM'000 RM'000
(Unaudited) (Audited)
ASSETS
Non-Current Assets
Property, plant and equipment 18,061 203,647
Right-of-use assets 20,243 25,842
Investment properties 135,713 138,837
Intangible assets 39 39
Goodwill 898 11,378
Quarrying rights 502 616
Inventories and other contract costs 83,260 83,260
Investment in joint ventures 567 367
Quarry development costs 3,303 4,346
Other Investment - 2,063
Deferred tax assets 542 684
263,128 471,079
Current Assets
Inventories and other contract costs 510,423 538,757
Contract assets 94,914 141,607
Trade receivables 181,699 202,419
Other receivables 141,809 138,786
Amount due from a joint venture 99 99
Tax recoverable 49 162
Fixed deposits with licensed banks 7,510 11,602
Cash and bank balances 13,238 19,131
949,741 1,052,563
TOTAL ASSETS 1,212,869 1,523,642
EQUITY AND LIABILITIES
Equity attributable to owners of the parent
Ordinary share capital 263,169 256,870
Other reserves (77,104) (77,104)
Foreign currency translation reserve (2,145) (2,091)
Retained Earnings 159,401 234,443
343,321 412,118
Non-Controling Interest 3,555 7,584
Total Equity 346,876 419,702
Non-Current Liabilities
Lease Liabilities 4,543 5,389
Borrowings 316,226 388,805
Deferred tax liabilities 13,347 19,166
334,116 413,360
Current Liabilities
Contract liabilities - 20,457
Borrowings 191,890 261,896
Trade payables 111,572 139,385
Other payables 162,466 192,565
Lease liabilities 4,970 9,945
Provision for taxation 60,979 66,332
531,877 690,580
TOTAL LIABILITIES 1,103,940 865,993 TOTAL EQUITY AND LIABILITIES 1,523,6
Posted by Good123 > 2024-04-15 11:40 | Report Abuse
retained earnings~RM160mil... keep till 2025-2026...
Posted by Good123 > 2024-04-15 11:48 | Report Abuse
need patience for recovery as construction activities should improve from this year onwards.
On 15 August 2023, the Company announced to undertake a Private Placement (“PP”) of up to
49,486,000 new ordinary shares in HO HUP (“HO HUP Shares”). As such, the PP will entail
the issuance of up to 49,486,000 new Shares (“Placement Shares”), representing up to 10.0%
of the total number of issued Shares to independent third-party investors. Bursa Malaysia
Securities Berhad had approved the listing of and quotation for the new ordinary shares in Ho
Hup (“Placement Shares”) on 27 October 2023.
The Proposed Private Placement will be implemented in multiple tranches, if required, within
6 months from the date of approval of Bursa Malaysia Securities Berhad (“Bursa Securities”).
Subsequently, any extension of time for the implementation of the Proposed Private Placement
will be subject to Bursa Securities’ approval. As such, there could potentially be several price
fixing dates depending on the number of tranches and timing of implementation.
On 14 November 2023, the Company had fixed the issue price of the first tranche of the
Placement Shares at RM0.235 per Placement Share to be issued pursuant to the Private
Placement, representing a discount of approximately RM0.0243 or approximately 9.37% to the
5-day volume weighted average market price of Ho Hup Shares from 6 November 2023 to 10
November 2023 of RM0.2593.
On 28 November 2023, the 23,400,000 new Shares @ RM0.2350 has been listed.
Posted by Good123 > 2024-04-15 12:01 | Report Abuse
stay calm, any selldown is an opportunity even to traders hehe
many properties as assets also hehe
LIST OF
MATERIAL PROPERTIES
As at 31 December 2022
No. Location/Land details
Age of
Building
Date of
Acquisition Tenure Size Existing Use Description
Net Book
Value
RM’000
1. Geran 79551, Lot 101901
(previously known as
HSD 119868, PT 15291),
Mukim Petaling, Daerah
Kuala Lumpur, Negeri
Wilayah Persekutuan
Kuala Lumpur
(Bandar Bukit Jalil)
– 12/09/1995 Freehold 512,591
square
feet
Property
development
Development
Land
1,229
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
98,542
3. Geran 79553, Lot 101901
(previously known as
HSD 119870, PT 15293),
Mukim Petaling, Daerah
Kuala Lumpur, Negeri
Wilayah Persekutuan
Kuala Lumpur
(Bandar Bukit Jalil)
– 12/09/1995 Freehold 320,621
square
feet
Property
development
Development
Land
769
4. Geran 79554, Lot 101901
(previously known as
HSD 119871, PT 15294
Mukim Petaling, Daerah
Kuala Lumpur, Negeri
Wilayah Persekutuan Kuala
Lumpur
(Bandar Bukit Jalil)
– 12/09/1995 Freehold 109,849
square
feet
Property
development
Development
Land
263
5. Ho Hup Tower
Geran 78076, Lot
no.101462, Mukim Petaling,
Daerah Kuala Lumpur,
Negeri Wilayah Persekutuan
Kuala Lumpur
(Bandar Bukit Jalil)
6.5
years
21/9/2016 Freehold 146,812
square
feet
Office Tower Office Tower 97,962
244 HO HUP CONSTRUCTION COMPANY BERHAD • 197301000497 (14034-W)
List of Material Properties
As at 31 December 2022
(Cont’d)
No. Location/Land details
Age of
Building
Date of
Acquisition Tenure Size Existing Use Description
Net Book
Value
RM’000
6. Lot No. B-13-1, B-13-2,
B-13-3, B-13-3A & B-13-5
Pusat Perdagangan Bandar
Bukit Jalil
Persiaran Jalil 1
57000 Kuala Lumpur
4
years
31/12/2017 Freehold 11,246
square
feet
For rental Shop Offce 12,105
7. Laman Iskandaria
Geran 43607 - 43611, Lot
No. PTD 14189 - 14193
Mukim Ulu Sungai Johor,
District Kota Tinggi, Johor
Darul Ta’zim
4
years
02/11/2017 Leasehold 4,303,734
square
feet
Property
development
Development
Land
215,132
9. Carpark B1, B2, B3, LG
and LG1 at Aurora Place,
Persiaran Jalil 1, Bukit Jalil,
Kuala Lumpur
– 31/12/2019 Freehold 2027
bays
Carpark Building 65,800
10. 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 49,348
11. 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 15,040
Posted by Good123 > 2024-04-15 12:03 | Report Abuse
be greedy when others are fearful... do your own study yah!!!
LIST OF THIRTY LARGEST ORDINARY SHAREHOLDERS
according to the Record of Depositors as at 31 March 2023
No. of
Name Shares Held %
1. AmSec Nominees (Tempatan) Sdn Bhd 56,576,900 11.43
Pledged Securities Account for Ambank (M) Berhad for
Omesti Holdings Berhad (SMART)
2. RHB Nominees (Tempatan) Sdn Bhd 54,079,258 10.93
Pledged Securities Account for Low Chee Group Sdn Bhd
3. Gryphon Asset Management Sdn Bhd 52,645,250 10.64
4. Lee Fook Yuen 21,020,900 4.25
5. Affin Hwang Nominees (Asing) Sdn Bhd 18,744,800 3.79
Pledged Securities Account for Mettiz Capital Limited
6. Cartaban Nominees (Tempatan) Sdn Bhd 17,000,000 3.44
Pledged Securities Account for Kenanga Islamic Absolute Return Fund
7. M&A Nominee (Asing) Sdn Bhd 15,060,000 3.04
Montego Assets Limited
8. Low Chee Group Sdn Bhd 11,033,774 2.23
9. Kenanga Nominees (Tempatan) Sdn Bhd 9,000,000 1.82
Pledged Securities Account for Mary Anne Woon Lai Kheng
10. M&A Nominee (Tempatan) Sdn Bhd 8,850,000 1.79
Pledged Securities Account for Chan Chee Hong (M&A)
11. Low Tuck Choy 6,817,500 1.38
12. RHB Nominees (Tempatan) Sdn Bhd 5,679,000 1.15
Pledged Securities Account for Low Tuck Choy
13. Chan Kong Yew 5,527,000 1.12
14. M & A Nominee (Asing) Sdn Bhd 5,000,000 1.01
For Winfields Development Pte. Ltd.
15. Kwan Siew Deeg 4,642,600 0.94
16. Toh Chai Hoon 4,642,000 0.94
17. Phillip Nominees (Tempatan) Sdn Bhd 4,271,900 0.86
Pledged Securities Account For Tan Siew Booy
18. Hooi Yoke Lin 4,000,000 0.81
19. Inter-Pacific Equity Nominees (Tempatan) Sdn Bhd 3,989,300 0.81
Pledged Securities Account for Kok Tiu Wan
20. Yap Siew Bee 3,800,000 0.77
21. Maybank Nominees (Tempatan) Sdn Bhd 3,525,554 0.71
Maybank Private Wealth Management
for Mohamed Nizam Bin Abdul Razak
22. Maybank Nominees (Tempatan) Sdn Bhd 2,831,500 0.57
Pledged Securities Account for Monteiro Gerard Clair
23. Lim Chau Liang 2,451,700 0.50
ANNUAL REPORT 2022 • 247
LIST OF THIRTY LARGEST ORDINARY SHAREHOLDERS (CONT’D)
according to the Record of Depositors as at 31 March 2023
No. of
Name Shares Held %
24. RHB Capital Nominees (Tempatan) Sdn Bhd 2,411,300 0.49
Pledged Securities Account for Low Choon Chong
25. Young Lee Lee 2,260,000 0.46
26. AmSec Nominees (Tempatan) Sdn Bhd 2,203,000 0.45
Pledged Securities for Yap Siew Bee (MX3809)
27. AmSec Nominees (Tempatan) Sdn Bhd 2,053,000 0.41
Pledged Securities Account for Ahamad Aminnurdin Bin Dinyati
28. Tiong Nam Logistics Holdings Berhad 2,000,000 0.40
29. AmSec Nominees (Tempatan) Sdn Bhd 1,854,600 0.37
Pledged Securities for Mok E. King
30. Lim Lai An 1,650,000 0.33
Total 335,620,836 67.82
Posted by Good123 > 2024-04-15 12:06 | Report Abuse
oversold$$$$$$$$$$$$$$$$$
RSI(14) Neutral 34.8
Stochastic(14) Oversold 6.3
Average Volume (3M) 1,009,000
Relative Volume 2.4
Posted by Good123 > 2024-04-15 12:06 | Report Abuse
NTA 0.6600
P/B 0.22
RPS 36.15
PSR 0.40
Market Cap 75.1M
Shares (mil) 518.26
Posted by Good123 > 2024-04-15 12:10 | Report Abuse
buy on weakness, it would rebound as usual hehe
30-days Price
Date Price Open High Low Volume
2024-04-12 0.165 0.165 0.165 0.160 341,000
2024-04-09 0.170 0.165 0.170 0.165 380,200
2024-04-08 0.170 0.170 0.170 0.170 110,000
2024-04-05 0.170 0.170 0.175 0.170 560,500
2024-04-04 0.170 0.170 0.175 0.170 311,900
2024-04-03 0.175 0.180 0.180 0.170 825,200
2024-04-02 0.180 0.180 0.180 0.175 417,500
2024-04-01 0.180 0.185 0.185 0.180 431,900
2024-03-29 0.185 0.195 0.195 0.180 584,500
2024-03-27 0.195 0.175 0.195 0.170 1,051,300
2024-03-26 0.175 0.190 0.190 0.175 583,800
2024-03-25 0.190 0.205 0.220 0.190 3,014,100
2024-03-22 0.190 0.180 0.190 0.170 2,744,000
2024-03-21 0.175 0.175 0.185 0.165 3,187,000
2024-03-20 0.175 0.155 0.180 0.155 8,634,900
2024-03-19 0.150 0.140 0.150 0.130 9,045,900
2024-03-18 0.135 0.125 0.135 0.120 6,905,900
2024-03-15 0.125 0.155 0.155 0.125 6,236,600
2024-03-14 0.155 0.155 0.160 0.155 511,700
2024-03-13 0.155 0.155 0.160 0.150 476,300
2024-03-12 0.155 0.155 0.155 0.150 905,900
2024-03-11 0.155 0.165 0.165 0.155 768,100
2024-03-08 0.165 0.175 0.175 0.165 239,800
2024-03-07 0.175 0.165 0.175 0.165 62,800
2024-03-06 0.165 0.170 0.175 0.165 561,600
2024-03-05 0.180 0.175 0.180 0.170 90,700
2024-03-04 0.180 0.180 0.180 0.170 92,800
2024-03-01 0.175 0.190 0.190 0.165 1,496,600
2024-02-29 0.195 0.195 0.195 0.195 0
2024-02-28 0.195 0.195 0.200 0.195 160,000
2024-02-27 0.190 0.195 0.195 0.190 150,000
2024-02-26 0.195 0.195 0.200 0.195 126,700
2024-02-23 0.200 0.205 0.205 0.195 277,500
2024-02-22 0.200 0.210 0.210 0.190 1,796,600
2024-02-21 0.215 0.215 0.215 0.210 290,600
2024-02-20 0.220 0.220 0.220 0.220 5,000
2024-02-19 0.210 0.210 0.215 0.210 64,500
2024-02-16 0.215 0.215 0.215 0.215 68,500
2024-02-15 0.210 0.215 0.215 0.210 37,000
2024-02-14 0.215 0.220 0.220 0.215 32,000
2024-02-13 0.210 0.210 0.210 0.205 87,200
2024-02-09 0.210 0.210 0.210 0.210 30,000
2024-02-08 0.210 0.210 0.210 0.210 25,000
2024-02-07 0.210 0.205 0.210 0.205 46,200
2024-02-06 0.210 0.210 0.210 0.210 0
2024-02-05 0.210 0.210 0.210 0.210 128,500
2024-02-02 0.210 0.220 0.220 0.210 542,700
2024-01-31 0.225 0.220 0.225 0.220 20,000
2024-01-30 0.220 0.225 0.225 0.220 74,000
2024-01-29 0.225 0.230 0.230 0.225 154,900
2024-01-26 0.225 0.225 0.225 0.220 70,000
2024-01-24 0.225 0.225 0.230 0.225 166,300
2024-01-23 0.225 0.215 0.225 0.215 393,400
2024-01-22 0.215 0.215 0.215 0.210 209,100
2024-01-19 0.220 0.225 0.225 0.210 305,600
2024-01-18 0.220 0.225 0.225 0.215 899,200
2024-01-17 0.230 0.230 0.230 0.225 779,500
2024-01-16 0.230 0.250 0.250 0.230 1,009,000
Posted by Good123 > 2024-04-15 12:13 | Report Abuse
potensi sentiasa wujud :)
Ho Hup Construction Company Berhad, commonly known as Ho Hup Group, has a rich history of involvement in numerous significant construction projects. Here are some of the key projects they have handled to date:
Infrastructure Projects: They have been involved in the construction of infrastructure such as highways, roads, dams, and bridges1.
Building Construction: Their portfolio includes building construction, which encompasses various types of structures1.
Engineering Works: They have expertise in engineering works, including earthworks and steel pipeline construction1.
Railway Projects: Ho Hup Group has worked on railway projects, including securing two East Coast Rail Link (ECRL) railway projects for Section 6, totaling RM102 million in June 20201.
National Projects: They have been part of national projects like the Petronas Twin Towers, National Sports Complex, Kuala Lumpur International Airport (KLIA), Light Rail Transit System (LRT), and the Malaysia–Singapore second crossing23.
Ho Hup Group’s approach to construction is characterized by a focus on project management and the provision of technical expertise, with a commitment to quality and risk management1. Their extensive experience places them as a notable entity in the construction sector in Malaysia.
Posted by Good123 > 2024-04-15 12:15 | Report Abuse
Hohup has the experiences in the construction sector and recovery is coming.
The construction industry in Malaysia is expected to experience growth from 2024 onwards due to several key factors:
Economic Recovery: Post-COVID-19, the industry is recovering from the disruptions caused by the pandemic, with an anticipated increase in construction activities1.
Government Initiatives: The Malaysian government has announced plans like the Public Private Partnership (PPP) 3.0 model to fund infrastructure projects, which is expected to drive growth in the sector1.
Infrastructure Development: There is a focus on large-scale transport and energy projects, which will likely lead to increased demand for construction services1.
Investment: The industry is expected to benefit from both foreign and domestic investment, which will support various construction and energy projects2.
Growth Projections: The market size is estimated to grow significantly, with forecasts predicting a compound annual growth rate (CAGR) of 4.4% to 8.55% between 2024 and 2029132.
Sector Expansion: All subsectors of construction, including commercial, residential, and infrastructure, are expected to perform better, contributing to the overall growth4.
These factors combined suggest a positive outlook for the construction industry in Malaysia, making it a potentially lucrative sector for investment and development in the coming years.
Posted by The_JQuestion > 2024-04-15 12:39 | Report Abuse
wow so fast FALL ... up susah , fall like water
oppurtunity indeed
Posted by Good123 > 2024-04-15 13:47 | Report Abuse
KUALA LUMPUR: The East Coast Rail Link-Economic Accelerator Projects (ECRL-EAPs) is set to boost socio-economic activities within various sectors such as construction, tourism, trade and industrial development, said the Malaysian Investment Development Authority (MIDA).
The ECRL-EAP is an infrastructure project which started in April 2019 in collaboration with MIDA and China Communications Construction Company (CCCC).
MIDA emphasised that the ECRL is replete with opportunities for local companies and it would be a huge loss if these were to go untapped. Given that the project is the largest ever to be undertaken along the East Coast alignment, it would be ideal for all companies to seize opportunities that arise.
"Areas that could be further explored – being EAP enablers – are construction (products and services); renewable energy; sustainability products and services; education and training centres; shared utility service like waste management, research and development.
"This will create more economic opportunities and new jobs at each of the EAPs," the agency told Bernama.
MIDA also said that the successful implementation of the ECRL requires cooperation and collaboration among all stakeholders, including local governments, key transportation players, government-linked investment companies (GLICs), financial institutions and local communities.
"MIDA is eager to support businesses eyeing ECRL-EAP investments. This will enhance the project's allure for investors. This effort is crucial in maintaining an edge over competing initiatives, like the proposed Thailand's Kra Land Bridge.
"We are calling on more companies to join forces with the government via MIDA, amplifying this groundbreaking initiative," it said.
MIDA will also promote programmes in Kelantan, Terengganu, Pahang and Selangor related to the ECRL-EAPs. It has also initiated engagements with key stakeholders including local governments, industry associations, park managers and developers, GLICs and real-estate investment trusts to raise awareness of the EAPs and to reach a wider audience among potential investors.
"Participation from all stakeholders is highly important. Issues like environmental challenges, such as floods, infrastructure, utility readiness, zoning restrictions, and land categorisations, have been identified.
"To address these concerns, MIDA is currently working closely with key stakeholders such as utility providers, state governments, associations and developers, and other key stakeholders to make sure that the issues are addressed and an enabling environment is provided for development and investment along the route," it said.
MIDA, through the domestic investment coordination platform (DICP), which is under the domestic investment division, plays a role in connecting investors with financiers.
According to the agency, the DICP facilitates direct engagement between investors and financiers, allowing them to discuss funding options, negotiate terms, and explore alternative financing arrangements.
The ECRL is a Malaysian project costing RM50.27 billion. It is currently under construction and aims to connect the east coast city of Kota Bharu in Kelantan to Port Klang, Selangor on the the west coast.
The electrified train will run on a standard gauge double-track railway connecting the East Coast Economic Region states of Pahang, Terengganu, and Kelantan to the central region. It is expected to spur economic growth in areas along its route.
Spanning 665 kilometres, the ECRL is poised to be a game changer for Malaysia, linking the country closely to the Pan-Asia railway network and enhancing connectivity with ASEAN and Eurasia regions.
It is targeted to be completed in December 2026 and operational in January 2027. The ECRL is expected to raise Malaysia's gross domestic product (GDP) by 3.8 per cent in 2047 by enhancing trade, boosting tourism, and stimulating regional development.
The ECRL-EAPs are anticipated to generate RM1.4 trillion for the Malaysian economy by 2047 with a focus on industrial parks, logistic hubs, and transit-oriented developments (TODs).
"This strategic initiative aims to improve connectivity and economic activities along the ECRL route and to ensure inclusive growth across all participating states. The EAPs seek to tackle income and wealth disparities by fostering a shared prosperity agenda," said MIDA.
As of February 2024, the project is 62.4 per cent complete, with each state's alignment progressing steadily. - Bernama
Posted by Good123 > 2024-04-15 13:50 | Report Abuse
KUALA LUMPUR (April 15): RHB Investment Bank (RHB IB) has maintained its “overweight” rating on the property sector and said it expects the sector to continue to be driven by: i) positive news flow on potential infrastructure projects; ii) active land transactions and iii) influx of investments, especially in the data centre, green energy and manufacturing sectors.
In a sector update on Monday, the research house said developers with sizeable landbanks and industrial segment exposure should see greater benefit from infrastructure developments and rising investment flows.
It said pump priming across the Klang Valley, Iskandar Malaysia and Penang region should lift the sector’s overall valuation.
Posted by Good123 > 2024-04-15 15:21 | Report Abuse
Value buy now, some retailers have no money to hold, main contra hehe
Posted by raghavjha > 2024-04-15 15:42 | Report Abuse
What an insightful exploration into the world of Ho Hup Construction Company! It's truly fascinating to learn about their history, projects, and contributions to the construction industry. As an Insurance Marketing Firm, I appreciate the emphasis on safety and risk management within the construction realm. Collaborations between construction companies like Ho Hup and insurance firms are crucial for ensuring the protection of workers, assets, and the successful completion of projects. Looking forward to more enlightening content like this!
https://www.registrationwala.com/insurance-marketing-firm
Posted by Good123 > 2024-04-15 15:44 | Report Abuse
It would surge ... Selling ceased
Posted by Good123 > 2024-04-16 05:36 | Report Abuse
LEE FOOK YUEN
Company
[HOHUP]: HO HUP CONSTRUCTION COMPANY
Name
LEE FOOK YUEN
Nationality
Malaysia
Role
Shareholder
Direct (units)
26,141,900
Direct (%)
5.04%
Indirect (units)
0
Indirect (%)
0.00%
Total (units)
26,141,900
Total (%)
5.04%
Date of Notice
19-Mar-2024
Posted by Good123 > 2024-04-16 05:37 | Report Abuse
Change in Principal Officer
HO HUP CONSTRUCTION COMPANY BHD
Date of change 21 Mar 2024
Name DATO' SRI CHEE HONG LEONG
Age 59
Gender Male
Nationality Malaysia
Type of change Appointment
Designation Chief Executive Officer
Qualifications
No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Masters
Business Administration
McMaster University, Hamilton, Ontario, Canada
2
Degree
Bachelor of Engineering (Computer)
McMaster University, Hamilton, Ontario, Canada
Working experience and occupation Dato' Sri Chee began his career in 1990, coordinating the development in corporate and annual strategic plans for Leisure Holidays Group of Companies.
From 1992 to 1998, Dato' Sri Chee ventured into various businesses in the property development sector where he held the position of Chief Executive Officer at Canary Homes Sdn Bhd and Canary Infoport Sdn Bhd. He subsequently joined Tanco Resort Berhad where, from 1998 to 2002, he held various positions from General Manager rising to Executive Director and Chief Operating Officer.
In March 2003, he joined M & A Equity Holdings Berhad (Formerly Known as SYF Resources Berhad), a furniture, boards and property development firm, initially as a member of the Board of Directors and was subsequently appointed as Executive Director in 2011 till todate. He also currently sits on the Board of Hextar Industries Berhad as Independent Non-Executive Director and Microlink Solutions Berhad as Non-Independent Non-Executive Director.
Directorships in public companies and listed issuers (if any) 1. M & A Equity Holdings Berhad (Formerly Known as SYF Resources Berhad)
2. Microlink Solutions Berhad
3. Hextar Industries Berhad
Family relationship with any director and/or major shareholder of the listed issuer NIL
Any conflict of interests that he/she has with the listed issuer NIL
Details of any interest in the securities of the listed issuer or its subsidiaries NIL
Announcement Info
Company Name HO HUP CONSTRUCTION COMPANY BHD
Stock Name HOHUP
Date Announced 21 Mar 2024
Category Change in Principal Officer
Reference Number C04-21032024-00001
Posted by Good123 > 2024-04-16 06:09 | Report Abuse
bottom-fishing opportunity, better late than never :)
88% BUY
12% SELL
7 202,700 0.140 0.145 4,700 2
17 1,245,000 0.135 0.150 88,000 5
15 1,288,000 0.130 0.155 80,000 2
6 1,251,000 0.125 0.160 379,000 8
9 1,265,000 0.120 0.165 167,000 4
Posted by Good123 > 2024-04-16 06:13 | Report Abuse
ho hup has strategic development in KL, KK, etc. Retained earnings~RM160mil. A good candidate for backdoor listing too. Greatly undervalued, NTA 66sen. It should recover in stages like pre-pandemic, before 2020. Time to accumulate, etc. Do your own study, yah! A syariah compliant stock as well :)
HHCS Historical Data
Time Frame
Monthly
Download Data
01/01/2019 - 04/16/2024
Date Price Open High Low Vol. Change %
04/01/2024 0.140 0.185 0.185 0.140 8.00M -24.32%
03/01/2024 0.185 0.190 0.220 0.120 47.18M -5.13%
02/01/2024 0.195 0.220 0.220 0.190 3.87M -13.33%
01/01/2024 0.225 0.245 0.265 0.210 10.66M -10.00%
12/01/2023 0.250 0.245 0.250 0.240 6.71M +2.04%
11/01/2023 0.245 0.295 0.300 0.245 11.33M -16.95%
10/01/2023 0.295 0.290 0.330 0.285 4.00M +1.72%
09/01/2023 0.290 0.285 0.295 0.265 4.91M 0.00%
08/01/2023 0.290 0.280 0.290 0.255 3.40M +3.57%
07/01/2023 0.280 0.255 0.285 0.255 1.75M +1.82%
06/01/2023 0.275 0.240 0.280 0.225 2.07M +14.58%
05/01/2023 0.240 0.255 0.260 0.240 639.20K -7.69%
04/01/2023 0.260 0.270 0.290 0.255 1.78M -3.70%
03/01/2023 0.270 0.275 0.305 0.255 1.14M -1.82%
02/01/2023 0.275 0.290 0.300 0.270 625.20K -5.17%
01/01/2023 0.290 0.280 0.305 0.255 854.40K 0.00%
12/01/2022 0.290 0.310 0.335 0.290 1.27M -7.94%
11/01/2022 0.315 0.270 0.325 0.270 2.58M +16.67%
10/01/2022 0.270 0.250 0.280 0.245 1.59M +3.85%
09/01/2022 0.260 0.270 0.285 0.250 874.90K -5.45%
08/01/2022 0.275 0.245 0.290 0.245 1.04M +10.00%
07/01/2022 0.250 0.255 0.270 0.240 479.80K -1.96%
06/01/2022 0.255 0.290 0.300 0.255 1.26M -15.00%
05/01/2022 0.300 0.310 0.310 0.280 3.23M -3.23%
04/01/2022 0.310 0.315 0.325 0.310 2.09M -1.59%
03/01/2022 0.315 0.300 0.325 0.290 5.57M +1.61%
02/01/2022 0.310 0.315 0.330 0.300 2.05M -1.59%
01/01/2022 0.315 0.305 0.345 0.300 1.41M +3.28%
12/01/2021 0.305 0.310 0.340 0.290 3.11M -1.61%
11/01/2021 0.310 0.370 0.370 0.290 4.19M -17.33%
10/01/2021 0.375 0.375 0.390 0.365 6.76M -2.60%
09/01/2021 0.385 0.405 0.415 0.375 2.61M -6.10%
08/01/2021 0.410 0.400 0.420 0.400 7.47M +1.23%
07/01/2021 0.405 0.405 0.420 0.395 8.56M 0.00%
06/01/2021 0.405 0.440 0.445 0.400 16.68M -5.81%
05/01/2021 0.430 0.455 0.455 0.400 9.08M -5.49%
04/01/2021 0.455 0.435 0.475 0.435 25.20M +4.60%
03/01/2021 0.435 0.465 0.505 0.420 76.08M -6.45%
02/01/2021 0.465 0.405 0.475 0.400 26.62M +16.25%
01/01/2021 0.400 0.465 0.465 0.400 6.36M -13.98%
12/01/2020 0.465 0.425 0.525 0.425 31.47M +9.41%
11/01/2020 0.425 0.370 0.440 0.355 10.22M +14.86%
10/01/2020 0.370 0.395 0.430 0.370 6.52M -6.33%
09/01/2020 0.395 0.490 0.495 0.395 17.20M -19.39%
08/01/2020 0.490 0.495 0.540 0.475 29.17M -1.01%
07/01/2020 0.495 0.545 0.560 0.475 45.29M -9.17%
06/01/2020 0.545 0.590 0.625 0.525 116.87M -6.84%
05/01/2020 0.585 0.440 0.640 0.425 61.94M +32.95%
04/01/2020 0.440 0.325 0.475 0.325 15.49M +33.33%
03/01/2020 0.330 0.540 0.540 0.240 25.17M -38.89%
02/01/2020 0.540 0.480 0.555 0.465 14.14M +10.20%
01/01/2020 0.490 0.510 0.525 0.490 4.98M -3.92%
12/01/2019 0.510 0.560 0.560 0.510 9.57M -7.27%
11/01/2019 0.550 0.575 0.575 0.510 11.70M -4.35%
10/01/2019 0.575 0.480 0.580 0.480 16.04M +19.79%
09/01/2019 0.480 0.510 0.555 0.480 8.50M -6.80%
08/01/2019 0.515 0.525 0.535 0.450 10.16M -1.90%
07/01/2019 0.525 0.535 0.595 0.520 36.33M 0.00%
06/01/2019 0.525 0.590 0.620 0.515 54.40M -12.50%
05/01/2019 0.600 0.460 0.695 0.455 103.50M +30.43%
04/01/2019 0.460 0.475 0.515 0.420 37.68M 0.00%
03/01/2019 0.460 0.365 0.465 0.360 16.05M +26.03%
02/01/2019 0.365 0.320 0.420 0.320 5.75M +10.61%
01/01/2019 0.330 0.310 0.385 0.305 12.37M +4.76%
Highest:
0.695
Change %:
-55.556
Posted by Good123 > 2024-04-16 06:14 | Report Abuse
Significantly Below Fair Value: HOHUP is trading below fair value by more than 20%.
Posted by Good123 > 2024-04-16 06:16 | Report Abuse
Price-To-Sales vs Peers: HOHUP is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (0.7x).
Posted by Good123 > 2024-04-16 06:17 | Report Abuse
Price-To-Sales vs Industry: HOHUP is good value based on its Price-To-Sales Ratio (0.4x) compared to the MY Construction industry average (1x).
No result.
1
Rakuten Trade Research Reports
2
save malaysia!
3
Stock Market Enthusiast
Top 3 AI/Data Center Newsflow for the 3rd Week of December - #TENAGA, #YTL, #YTLPOWER
4
Good Articles to Share
5
Good Articles to Share
6
Good Articles to Share
Gaza ceasefire deal 'closer than ever', says Hamas and two allies
7
Good Articles to Share
8
Good Articles to Share
Honda and Nissan consider mutual production of vehicles, Kyodo reports
#
Stock
Score
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Good123
27,197 posts
Posted by Good123 > 2024-03-27 14:59 | Report Abuse
ru-Mix Concrete Sdn Bhd
Tru-mix Concrete Sdn Bhd (“TRU-MIX”) was incorporated in Malaysia under the Companies Act, 1965 on 25th November 1991 and it is principally involved in the manufacture and supply of ready-mixed concrete. Since its commencement of operation, TRU-MIX has grown steadily in tandem with the economy of Malaysia.
TRU-MIX, a subsidiary of Ho Hup Construction Company Berhad, is led by a General Manager who has more than 20 years of experience in the ready mixed concrete industry.
TRU-MIX is proud of its achievement being the supplier for many of the iconic buildings and infrastructure works in the country namely the SMART tunnel, the Bukit Jalil National Stadium, Satellite Building in KLIA, Tetrapods at Kerteh, North-South Expressway Central link, Shapadu Highway, Duke Highway, Condominium Games Village and various condominium projects in established neighbourhoods of Desa Park City, Mont Kiara, Wangsa Maju, Kepong and Bukit Jalil located in the Klang Valley.
TRU-MIX is a certified MS ISO 9001:2015 company and it strongly adheres to its quality policy that aims to achieve superior service consistently. This is achieved through: -
I) a total commitment for continuous improvement in our business process;
II) a clear communication channel for effective understanding of direction and vision of company;
III) inculcating a caring attitude to ensure a high level of professionalism; and
IV) producing ready-mixed concrete conforming to MS 523 or other relevant specifications laid down by the customer.
As at end of 2021, TRU-MIX is operating 3 batching plants in Meru (Klang), Kg.Subang (Subang), Pulau Meranti (Puchong). The operations of these Three (3) batching plants are supported by a fleet of 32-owned mixer trucks.
Correspondingly, the fleet of trucks shall be increased and rejuvenated with new and bigger capacity trucks to attain high productivity so as to compete on a level platform with the major players in the industry.
With the buoyant economy anticipated from the many infrastructure and iconic projects launched by the Government in the Klang Valley area; the construction industry is expected to be back to its robust conditions.
TRU-MIX, as an established ready mixed supplier in the industry, is expected to benefit from this construction boom and also from its own development project launched by the Group. The division is expected to contribute positively to the Group’s bottom line.