Posted by Good123 > 2024-04-16 06:20 | Report Abuse

free cash flow~Rm134mil

Posted by Good123 > 2024-04-16 06:21 | Report Abuse

Wait for its recovery post pandemic started in 2020

ROCE
Last Year -5.9%
3 Years Ago 15.6%

Posted by Good123 > 2024-04-16 06:23 | Report Abuse

Short Term Liabilities: HOHUP's short term assets (MYR949.7M) exceed its short term liabilities (MYR531.9M).

Long Term Liabilities: HOHUP's short term assets (MYR949.7M) exceed its long term liabilities (MYR334.1M).

Posted by Good123 > 2024-04-16 06:24 | Report Abuse

Debt Coverage: HOHUP's debt is well covered by operating cash flow (26.5%).

Posted by Good123 > 2024-04-16 06:26 | Report Abuse

More n more corp developments, good news.

Recent management updates


Ho Hup Construction Company Berhad Appoints Dato' Sri Chee Hong Leong as Chief Executive Officer
Mar 23

Ho Hup Construction Company Berhad Announces Redesignation of Dato' Wong Kit-Leong from Chief Executive Officer to Executive Director
Mar 22
+ 2 more updates

Ho Hup Construction Company Berhad Appoints Danny Hoe Kam Thong as Independent and Non Executive Member of Remuneration Committee
Aug 30
+ 7 more updates

Posted by Good123 > 2024-04-16 06:27 | Report Abuse

Dato Seri Hong Leong Chee, JP, has been Chief Executive Officer of Ho Hup Construction Company Berhad from March 21, 2024 and was its Executive Director since June 01, 2023 until March 21, 2024. He serves as Non-Independent & Non-Executive Director of Microlink Solutions Berhad since November 1, 2023. He is an Executive Director at Microlink Solutions Berhad since April 03, 2023 and had been its Independent Non-Executive Director since February 15, 2021 until April 03, 2023.
He served as Independent and Non Executive Director of Inari Amertron Berhad since February 21, 2023 until November 23, 2023. He serves as an Independent Director at Liberty Resources Acquisition Corp. since July 29, 2022. He sits on the Board of Hextar Industries Berhad as Independent Non-Executive Director. He served as the General Manager and Chief Operating Officer of Tanco Resort Berhad from 1998 to 2002.
He began his career in 1990 coordinating the development of corporate plans and annual strategic plans for Leisure Holidays Berhad and MBf Food Services Sdn Bhd. He manages a software house that focuses on Customer Relationship Management and Membership Services. He serves as Chairman of Kiara Susila Sdn Bhd. He has been an Independent and Non-Executive Director of Energreen Corporation Berhad (formerly Welli Multi Corporation Berhad) since March 31, 2008.
He began his career in 1990, coordinating the development in corporate and annual strategic plans for Leisure Holidays Group of Companies. He serves as a Director of Priceworth Wood Products Berhad and Speedtoyz Berhad. He serves as an Independent Non-Executive Director of Priceworth International Bhd. He has been an Executive Director of M & A Equity Holdings Berhad (formerly known as SYF Resources Berhad) (formerly M & A Equity Holdings Berhad (formerly known as SYF Resources Berhad) (formerly known as Tomisho Holdings Bhd)) since December 2, 2011 and served as its Non-Independent & Non-Executive Director since July 7, 2010 until December 2, 2011 and served as its Independent Non-Executive Director from March 13, 2003 to July 7, 2010.
He was appointed as an Independent Non-Executive Director of M & A Equity at Insas Berhad on 13 March 2003 and was subsequently re-designated as Executive Director on 2 December 2011. He served as an Independent Non-Executive Director of SEG International Bhd since February 21, 2011 until May 24, 2016. He served as a Non-Independent & Non-Executive Director of Pacific Healthcare Holdings Limited until August 14, 2012. He served as a Director of Mithril Bhd from November 7, 2008 to February 10, 2010.
He served as an Executive Director of Tanco Resort Berhad from 1998 to 2002. In 1992, he ventured into various businesses which involved designing and building individual bungalows for landowners of various housing projects in the Klang Valley as well as building and operating a 100,000 sq ft Information Technology Incubation Centre in University Putra Malaysia. He served as an Independent Director at Kairous Acquisition Corp. Ltd. until 2023.
He graduated with a Bachelor of Engineering in Computer in 1987 and Master of Business Administration in Finance and Marketing in 1989 both from McMaster University, Hamilton, Ontario, Canada.

Posted by Good123 > 2024-04-16 06:29 | Report Abuse

6.7yrs

Average Tenure
60yo

Average Age
Experienced Board: HOHUP's board of directors are considered experienced (6.7 years average tenure).

Posted by Good123 > 2024-04-16 06:29 | Report Abuse

Ownership Breakdown
Private Companies 11.7%
60,792,032 shares
Public Companies 13.7%
70,939,300 shares
Institutions 17.1%
88,390,050 shares
Individual Insiders 20.2%
104,736,854 shares
General Public 37.3%
193,402,460 shares

Posted by Good123 > 2024-04-16 06:31 | Report Abuse

Top Shareholders
Top 25 shareholders own 61.27% of the company
Ownership Name Shares Current Value Change % Portfolio %
10.4%
Omesti Berhad 53,879,300 RM7.5m 0% no data
10.2%
Gryphon Asset Management Sdn Bhd 52,645,250 RM7.4m 0% 68.33%
9.67%
Low Chee & Sons Sdn. Bhd. 50,113,032 RM7.0m -23% no data
5.04%
Fook Yuen Lee 26,141,900 RM3.7m 24.4% no data
3.62%
Mettiz Capital Limited 18,744,800 RM2.6m 0% 2.37%
3.28%
Kenanga Investors Bhd. 17,000,000 RM2.4m 0% 0.06%
2.91%
Insas Berhad 15,060,000 RM2.1m 0% no data
1.74%
Lai Kheng Woon 9,000,000 RM1.3m 0% no data
1.71%
Chee Hong Chan 8,850,000 RM1.2m 0% no data
1.32%
Tuck Low 6,817,500 RM954.5k 0% no data
1.16%
Siew Bee Yap 6,003,000 RM840.4k 0% no data
1.1%
Estate of Low Chee 5,679,000 RM795.1k 0% no data
1.07%
Kong Yew Chan 5,527,000 RM773.8k 0% no data
0.96%
Winfields Development Pte Ltd 5,000,000 RM700.0k 0% no data
0.9%
Siew Deeg Kwan 4,642,600 RM650.0k 0% no data
0.9%
Chai Hoon Toh 4,642,000 RM649.9k 0% no data
0.82%
Siew Booy Tan 4,271,900 RM598.1k 0% no data
0.77%
Yoke Lin Hooi 4,000,000 RM560.0k 0% no data
0.77%
Tiu Wan Kok 3,989,300 RM558.5k 0% no data
0.68%
Mohamed Nizam Bin Abdul Razak 3,525,554 RM493.6k 0% no data
0.55%
Monteiro Clair 2,831,500 RM396.4k 0% no data
0.47%
Chau Liang Lim 2,451,700 RM343.2k 0% no data
0.47%
Choon Chong Low 2,411,300 RM337.6k 0% no data
0.44%
Lee Lee Young 2,260,000 RM316.4k 0% no data
0.4%
Ahmad Aminnurdin Bin Dinyati 2,053,000 RM287.4k 0% no data

Posted by Good123 > 2024-04-16 06:31 | Report Abuse

All the best & good luck!

Key Information
HOHUP logo
Name: Ho Hup Construction Company Berhad
Ticker: HOHUP
Exchange: KLSE
Founded: 1960
Industry: Construction and Engineering
Sector: Capital Goods
Market Cap: RM72.556m
Shares Outstanding: 518.26m
Website: https://www.hohupgroup.com.my

Posted by Good123 > 2024-04-16 08:07 | Report Abuse

Hope it would recover like ytl :)

Posted by Good123 > 2024-04-16 08:27 | Report Abuse

Wait n see whether ho hup Akan ong balik ytl, etc nanti :)

Posted by Good123 > 2024-04-16 08:28 | Report Abuse

Projek2 di bukit jalil,kk, dll memang 5-star areas

Posted by Good123 > 2024-04-16 08:29 | Report Abuse

I think its kk project should shine sooner or later, many people from peninsula would like to retire in borneo to avoid the extremists/pelampau sakai in semenanjung

Posted by Good123 > 2024-04-16 08:46 | Report Abuse

Expecting to surge

Market Depth
Best Buy
Position

Price

Volume

Orders

1

0.14

117,000

3

2

0.135

410,000

8

3

0.13

873,000

16

4

0.125

271,000

5

5

0.12

1,155,000

7

Best Sell
Position

Price

Volume

Orders

1

0.14

10,000

1

2

0.15

93,000

5

3

0.155

30,000

1

4

0.16

120,000

3

5

0.165

100,000

2

Posted by Good123 > 2024-04-16 08:47 | Report Abuse

Yg desperate to jual, dah jual yesterday, hari in strong rebound expected. Let's see yah

Posted by Noni > 2024-04-16 08:52 | Report Abuse

Habis dah

Posted by Good123 > 2024-04-16 08:53 | Report Abuse

Buat duit yah :)

Ho Hup Construction Company Berhad is currently involved in several ongoing projects. Here are some of the notable ones:

- **Rehabilitation works along Sungai Besut**: Ho Hup, through its joint venture DSE-HH JV, has been awarded a contract worth **RM221.4 million** for rehabilitation works along Sungai Besut, Terengganu. This project includes constructing a breakwater, revetment, silt curtain, beach nourishment, and other associated works¹.

- **Infrastructure Projects**: Ho Hup has secured two ECRL railway projects for Section 6 totaling **RM102 million** as part of its mission to expand its Infrastructure division².

- **Trans Eastern Kedah Interland Highway**: The group’s ongoing job on the Trans Eastern Kedah Interland Highway is valued at **RM230 million**³.

These projects reflect Ho Hup's continued commitment to infrastructure development and its role in significant construction initiatives in Malaysia.

Posted by Good123 > 2024-04-16 08:55 | Report Abuse

Ho Hup Construction Company Berhad is involved in a wide range of projects that showcase its capabilities in various sectors. Here are some additional projects they are known for:

- **Property Development**: Ho Hup is actively engaged in property development, with projects like **Flex SOVO @ Bukit Jalil** and **Laman Iskandaria @ Kulai**².

- **Major Infrastructure**: The company has been involved in national projects such as the **Petronas Twin Towers**, **National Sports Complex**, **Kuala Lumpur International Airport (KLIA)**, **Light Rail Transit System (LRT)**, and the **Malaysia–Singapore Second Crossing**².

- **International Presence**: Ho Hup has completed international projects through its subsidiaries in countries like **India**, **Madagascar**, **Mauritius**, **China**, **South Africa**, **Thailand**, and **Indonesia**².

- **Historical Contributions**: They have contributed to the construction of high-rise intelligent buildings, stadiums, airports, highways & bridges, railways & light rapid transit, offshore marine works, oil & gas works, and commercial building development².

These projects demonstrate Ho Hup's extensive experience and its role as a significant player in the construction and civil engineering sectors, both locally and internationally.

Posted by Good123 > 2024-04-16 08:59 | Report Abuse

Banyak projek yg cun termasuk di kk sabah, check it guys :)

www.hohupgroup.com.my/

Posted by Good123 > 2024-04-16 09:25 | Report Abuse

Volatility creates trading opportunities. Sekejap je dah balik 14sen kini

Posted by Good123 > 2024-04-16 09:27 | Report Abuse

1m shares++ traded. Big fight hari ni

Posted by Good123 > 2024-04-16 09:55 | Report Abuse

mau memecut dah :)



Time Price Chg Vol
09:24:56 0.140 1,100
09:24:23 0.140 +0.005 20,000
09:18:04 0.135 207,000
09:18:04 0.135 +0.005 200,000

Posted by Good123 > 2024-04-16 09:56 | Report Abuse

HO HUP CONSTRUCTION COMPANY BHD KLSE Summary
Main Market : Construction
0.140
0.000 (0.0%)
Open
0.140
High
0.140
Low
0.130
Volume
1,289,100
T-O
0.140

Posted by Good123 > 2024-04-16 09:57 | Report Abuse

NTA 0.6600
P/B 0.21
RPS 36.15
PSR 0.39
Market Cap 72.6M
Shares (mil) 518.26

RSI(14) Neutral 33.1
Stochastic(14) Oversold 11.1
Average Volume (3M) 1,071,400
Relative Volume 1.2

Posted by Good123 > 2024-04-16 09:58 | Report Abuse

It could be like cypark, wait n see

Posted by Ron90 > 2024-04-16 09:59 | Report Abuse

wah!..revenue drop so LOW, to 15m only..especially from construction and property (drop kaw-kaw)..so bad.. with current environment, become worst.. hutang over 500m for a 70m company?

Posted by Good123 > 2024-04-16 09:59 | Report Abuse

ready buyers, below 14sen, sapu bersih.... waiting for it to go up... nothing else it seems

Posted by Good123 > 2024-04-16 10:00 | Report Abuse

weighted average price, these buyers are expected to buy in stages on the way up :)

Posted by Good123 > 2024-04-16 10:01 | Report Abuse

look like similar modus operandi :)
enjoy!

30-days Price
Date Price Open High Low Volume
2024-04-15 0.140 0.160 0.160 0.140 4,630,000
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

Posted by Good123 > 2024-04-16 10:12 | Report Abuse

i think these major buyers or operators would absorb all these shares at lelong prices now and then sudden surge in volume and price thereafter. wait n see, opportunity for traders kot? hehe

Posted by Good123 > 2024-04-16 10:28 | Report Abuse

Ho hup's nice project in KK, Sabah... suit those who wanted to avoid peninsula or extremists in peninsula hehe

https://thecrownkk.com/en_US/site-progress/



many retirees opt for sarawak or sabah too. more united and peaceful unlike the peninsula with extremism, etc

Posted by Good123 > 2024-04-16 10:31 | Report Abuse

Ho hup projek in Johor... good for singaporeans to retire or holiday home too :) https://lamaniskandaria.com.my/

Posted by Good123 > 2024-04-16 10:34 | Report Abuse

hohup bukit jalil projek next to pavilion bkt jalil, lawa dan berpotensi tak terhingga... terindah :) https://flexsovo.com/

Posted by Good123 > 2024-04-16 11:08 | Report Abuse

good4hohup projek in johor :)

Mr Liew also pointed to a Memorandum of Understanding signed by Singapore and Malaysia in January, to set up a new Johor-Singapore Special Economic Zone (SEZ) aimed at boosting cross-border economic connectivity between both countries.

If this becomes a reality, it will add to greater flows of labour between the two economies, helping to expand further economic activity and business opportunity for both Singapore and Johor, said Mr Liew.

There will also be more alternative accommodations for foreign workers if SEZ succeeds, he added.

Posted by Ron90 > 2024-04-16 12:28 | Report Abuse

got property projects everywhere but no buyer.. end up hutang banyak lor.. unless government project like ecrl or highways,, than payment confirm.

Posted by Good123 > 2024-04-16 15:58 | Report Abuse

Based on the track record, even in 2020, when the pandemic started, Hohup was doing very well. Now, on recovery path. Just hang on, accumulate in stages, and expect a handsome return pretty soon. Good luck! :)

31 Dec, 2020
2.32 0.000 1.0600 80.9m 9.6m 4 2020-12-31 31 Dec, 2020 2021-02-24 2.2% 15.8% 63.1% View
2.76 0.000 1.1400 68.0m 11.4m 3 2020-09-30 31 Dec, 2020 2020-11-20 2.4% 19.3% 30.1% View
3.41 0.000 1.1100 63.0m 14.1m 2 2020-06-30 31 Dec, 2020 2020-08-26 3.1% 11.2% 188.6% View
3.84 0.000 1.0900 80.3m 15.8m 1 2020-03-31 31 Dec, 2020 2020-05-28 3.5% 39% 199.1% View
31 Dec, 2019
6.30 0.000 1.0500 166.5m 26.0m 4 2019-12-31 31 Dec, 2019 2020-02-27 6.0% 59.7% 300.2% View
4.34 0.000 1.0400 104.8m 16.3m 3 2019-09-30 31 Dec, 2019 2019-11-28 4.2% 233.3% 197.5% View
1.30 0.000 1.0000 52.5m 4.9m 2 2019-06-30 31 Dec, 2019 2019-08-26 1.3% 8% 28.2% View
1.41 0.000 0.9842 42.4m 5.3m 1 2019-03-31 31 Dec, 2019 2019-05-30 1.4% 18.3% 38.7% View
31 Dec, 2018
1.73 0.000 0.9700 101.0m 6.5m 4 2018-12-31 31 Dec, 2018 2019-02-26 1.8% 18.7% 31% View
1.46 0.000 0.9500 48.8m 5.5m 3 2018-09-30 31 Dec, 2018 2018-11-29 1.5% 19.6% 26.6% View
1.81 0.000 0.9300 51.7m 6.8m 2 2018-06-30 31 Dec, 2018 2018-08-29 1.9% 21.4% 37.2% View
2.31 0.000 0.9200 58.5m 8.6m 1 2018-03-31 31 Dec, 2018 2018-05-18 2.5% 12.5% 30.3% View
31 Dec, 2017
2.64 0.000 0.9000 68.1m 9.9m 4 2017-12-31 31 Dec, 2017 2018-02-26 2.9% 32.7% 7.9% View
1.99 0.000 0.8700 42.6m 7.4m 3 2017-09-30 31 Dec, 2017 2017-11-24 2.3% 31.2% 56.7% View
2.89 0.000 0.8500 33.4m 10.8m 2 2017-06-30 31 Dec, 2017 2017-08-28 3.4% 12.7% 46.8% View
3.31 0.000 0.8200 35.5m 12.4m 1 2017-03-31 31 Dec, 2017 2017-05-19 4.0% 34.7% 35% View
31 Dec, 2016
2.62 0.000 0.8000 44.7m 9.2m 4 2016-12-31 31 Dec, 2016 2017-02-20 3.3% 46.5% 52.4% View
4.92 0.000 0.8200 70.5m 17.2m 3 2016-09-30 31 Dec, 2016 2016-11-25 6.0% 15.4% 0.5% View
5.84 0.000 0.7700 47.5m 20.3m 2 2016-06-30 31 Dec, 2016 2016-08-24 7.6% 6.6% 43.5% View
5.50 0.000 0.7200 81.1m 19.1m 1 2016-03-31 31 Dec, 2016 2016-05-23 7.6% 2.3% 5% View
31 Dec, 2015
5.63 0.000 0.6600 86.1m 19.5m 4 2015-12-31 31 Dec, 2015 2016-02-25 8.5% 12.9% 3.3% View
5.01 0.000 0.6000 62.8m 17.3m 3 2015-09-30 31 Dec, 2015 2015-11-18 8.4% 22% 6.4% View
3.84 0.000 0.5600 61.6m 14.2m 2 2015-06-30 31 Dec, 2015 2015-08-19 6.9% 29.4% 16.8% View
5.98 0.000 0.5200 88.0m 20.1m 1 2015-03-31 31 Dec, 2015 2015-05-19 11.5% 2.6% 77.6% View
31 Dec, 2014
6.64 0.000 0.4000 75.0m 20.6m 4 2014-12-31 31 Dec, 2014 2015-02-27 16.6% 11.6% 59.8% -
6.00 0.000 0.3300 95.0m 18.5m 3 2014-09-30 31 Dec, 2014 2014-11-27 18.2% 8.4% 566.5% View
6.65 0.000 0.2800 88.5m 17.0m 2 2014-06-30 31 Dec, 2014 2014-08-25 23.8% 50.7% 164.2% View
6.66 0.000 0.3000 82.4m 11.3m 1 2014-03-31 31 Dec, 2014 2014-04-24 22.2% 12.3% 2916.5% View
31 Dec, 2013
12.65 0.000 0.8100 47.8m 12.9m 4 2013-12-31 31 Dec, 2013 2014-02-27 15.6% 365.2% 6910.3% View
2.72 0.000 -0.4200 61.6m 2.8m 3 2013-09-30 31 Dec, 2013 2013-11-29 -6.5% 57% 522.1% View
6.32 0.000 -0.4400 16.7m 6.5m 2 2013-06-30 31 Dec, 2013 2013-08-20 -14.4% 1620% 171.7% View
0.37 0.000 -0.5000 23.3m 375.0k 1 2013-03-31 31 Dec, 2013 2013-05-23 -0.7% 103.8% 114.3% View

Posted by Good123 > 2024-04-16 16:00 | Report Abuse

cantiklah hehe

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

0.14

Avg Target Price

0.84

Upside/Downside

+0.70 (500.00%)

https://klse.i3investor.com/web/stock/analysis-price-target/5169

Posted by Good123 > 2024-04-16 16:08 | Report Abuse

www.expatgo.com › my › 2024/04/08Sabah’s MM2H Programme to Commence Next Month, State Says
Apr 7, 2024 · The Sabah-Malaysia My Second Home (Sabah-MM2H) programme, which has been teased and long-awaited for months, is poised for implementation by next month. According to Sabah’s Tourism, Culture, and Environment Minister, Datuk Christina Liew, the programme’s launch hinges on finalising necessary amendments, already greenlit by the state Cabinet.

www.thestar.com.my › news › nationSabah's Malaysia My Second Home expected to start by next month,...
Apr 7, 2024 · Sunday, 07 Apr 2024. 11:00 AM MYT. KOTA KINABALU: The much-anticipated Sabah-Malaysia My Second Home (Sabah-MM2H) programme is expected to be implemented by next


$$$$$$$$$$$$$ bantu boost property sale nya kat KK Sabah..

Posted by Good123 > 2024-04-16 16:17 | Report Abuse

sabah mm2h, much easier to obtain, etc. :)

Are you eligible to apply?
The MM2H programme is open to all countries recognised by Malaysia but the programme has numerous requirements.

Open to all citizens of countries recognized by Malaysia. (Except Israel regardless of race, religion and gender).
Main applicant must visit Sabah in the recent years. Sabah immigration will request entry to Sabah stamp on your passport.
Main applicant can bring along spouse and children below 18 years old. Main applicant must NOT be younger than 30 years old. If you are between 30-50 years old, it is recommended to furnish school acceptance letter or residence address to increase chance of MM2H approval.
Main applicant may be required to show proof of residence address in Sabah as supporting documents such as Sales & Purchase Agreement (Buy a house) or Tenancy Agreement (Rent a house) in Sabah.

Financial Requirements

Main applicant below and above 50 years are both required to show proof offshore income of RM10,000 per month.
Main applicant below 50 years old is required to show liquid assets worth a minimum of RM500,000 and above 50 years old is RM350,000.
Main applicant is required to open a RM150,000 fixed deposit in Sabah for those aged >50 years / RM300, 000 for those aged <50 years for 10 years after MM2H approval.
On second year, MM2H holder may withdraw up to RM50,000 for those aged >50 years / RM150,000 for those aged <50 years for approved expenses related to house purchase, car, education for children and medical purposes from Fixed Deposit.
Incentives and Benefits
Enjoy 10-years multiple entry visa, MM2H visa is renewable every 10 years.
Fast and easy approval within 3-4 months.
Low financial requirement for entry.
Main applicant can bring along spouse, children, parents, maid and pets.
Fixed deposits are under your name, entitled to earning annual bank interest. It is completely risk free.
Part of the fixed deposit can be withdrawn after 1 year if you purchase property, car, school fees or medical expenses.
Enjoy tax-free income remitted into Malaysia.
Unlimited number of property purchase.
MM2H holders are eligible to apply for bank loans up to 80% for property purchase.
MM2H program termination process is easy and fast. It can be completed within 5 working days and you can withdraw your MM2H fixed deposit.
Application Procedures
Part 1 (Document Preparation)
Schedule a Zoom meeting with SummerPlace (MM2H) Sdn. Bhd. for personalized consultation.
Sign up Sabah MM2H application and make deposit payment.
Prepare Letter of Good Conduct and other documents according to Application Checklist.
Sign relevant documents and courier to Malaysia office.
Part 2 & 3 (MM2H Submission)
Part 4 (Visa Endorsement)

https://summerplace.co/sabah-mm2h/

Posted by Good123 > 2024-04-16 21:15 | Report Abuse

• Corporate governance reforms are spreading in Asia; with Asian shares yet to price these in, their risk-reward proposition is extremely attractive
• Asian governments are likely to remain committed to these reforms given the strong incentives such as rising retail participation in the share markets
• Sectors across Asia that are beneficiaries of the corporate “value up” trend

Posted by Good123 > 2024-04-17 08:34 | Report Abuse

hohup,rebound is near. chhb ~30sen now from ~20sen :)

Posted by Good123 > 2024-04-17 09:35 | Report Abuse

The construction and property sector in Malaysia is expected to perform well due to several factors:

Economic Growth: The steady growth of the Malaysian economy provides a solid foundation for the expansion of the construction industry.
Government Initiatives: The Malaysian government has been actively promoting the construction industry through various projects and infrastructure programs, including roads, bridges, and public transportation systems.
Foreign Direct Investment (FDI): Malaysia’s high growth potential and strategic position have attracted significant FDI, particularly in the real estate and commercial construction sectors.
Industry Forecast: The construction market size in Malaysia was estimated at USD 35.5 billion in 2023 and is expected to reach USD 67.3 billion by 2033, growing at a Compound Annual Growth Rate (CAGR) of 6.6%.
Private Sector Contribution: The private sector has emerged as a primary contributor to construction growth, with key projects including high-rise residential development, industrial projects, and data centre developments.
National Infrastructure Projects: Projects like the 5G network rollout and Mass Rapid Transit (MRT) extension are expected to boost economic growth and create jobs.
These factors combined suggest a positive outlook for the construction and property sector in Malaysia, with anticipated growth and development in the coming years.

Posted by Good123 > 2024-04-17 09:38 | Report Abuse

The expected rise in property prices in Kuala Lumpur, Johor, and Kota Kinabalu can be attributed to several factors:

Economic Recovery: As Malaysia recovers from the economic impacts of the pandemic, there is renewed optimism in the market, which is driving up property prices.
Government Support: The Malaysian government’s commitment to supporting property seekers and the overall market is likely to result in increased demand and higher property prices.
Interest Rates: While the Overnight Policy Rate (OPR) increases have led to higher savings rates among property seekers, this also indicates a more stable and growing economy, which can contribute to rising property prices.
Buyer Sentiment: Despite a quarter-on-quarter decline in the Sale Demand Index, there is still a rise in average listing prices for homes, indicating a cautious optimism among sellers about the market’s future trajectory.
Rental Market Strength: The strong demand in the rental market, sustained throughout 2023, suggests that the property market remains robust, which can lead to higher property values.
Affordability Challenges: High property prices and interest rates have led many individuals to turn to renting, which in turn can drive up property values as investors seek to capitalize on the strong rental demand.
These factors combined suggest that the property market in these areas is expected to see an upward trend in prices in the near future.

Posted by Good123 > 2024-04-17 09:42 | Report Abuse

Direct Biz transactions to-date :)

Summary from 27/05/2009 to 14/03/2024
Highest Price 1.6700 First Occurred on 30/04/2014
Lowest Price 0.1300 First Occurred on 14/03/2024
Highest Volume 21.000m First Occurred on 28/06/2011

Posted by Good123 > 2024-04-17 09:48 | Report Abuse

Ho Hup Construction Company Berhad was co-founded in 1960 by Mr. Low Chee. It has grown to become one of the largest companies in construction and related services in Malaysia.

As a market leader in Malaysia, Ho Hup Construction Company Berhad brings together a comprehensive range of capabilities in building, civil engineering, specialized intelligent building, trading, and related services. Ho Hup Construction Company Berhad also known as the company with a very comprehensive fleet of light and heavy modern construction equipment.

With strong roots in its local markets and through its network of subsidiaries, Ho Hup Construction Company Berhad also plays a significant role in the world market for major engineering structures, civil engineering, dredging, road building and infrastructure projects. Ho Hup Construction Company Berhad has successfully completed numerous international projects through its subsidiaries in India, Madagascar, Mauritius, China, South Africa, Thailand and Indonesia.

Locally, Ho Hup Construction Company Berhad 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 worksand many more.

Ho Hup Construction Company Berhad is known as the company with vast involvement in national projects namely the Petronas Twin Towers, National Sports Complex, Kuala Lumpur International Airport (KLIA), Light Rail Transit System (LRT), Malaysia –Singapore second crossing and major highways. “Our Projects” page highlights the details of work executed at the projects of which have contributed in shaping our history.

On 25th February 1991, Ho Hup Construction Company Berhad gained access to the main board of Bursa Malaysia through an Initial Public Offering (IPO). This significant step has led to greater access to market share and the birth of the name of Ho Hup Construction Company Berhad.

The company underwent a major transformation in 2009 and to date, the Group’s spectrum of activities now consist of three main divisions namely; property development, construction & civil engineering works and ready mix.
OUR VISION
To be a reputable property development & construction company delivering sustainable products and services that enrich and improve the living standards of our customers and the community.
OUR MISSION
• To employ cost effective methods without compromising on quality considerations
• To provide a safe work environment and improve the livelihood of our employees
• To enhance long term stakeholders returns

Posted by Good123 > 2024-04-17 09:49 | Report Abuse

BOARD OF DIRECTORS
Tan Sri Datuk Seri (DR) Mazlan Bin Lazim
Chairman/Senior Independent Non-Executive Director

Profiles
Dato’ Sri Chee Hong Leong
Chief Executive Officer

Profiles
Dato' Wong Kit-Leong
Executive Director

Profiles
Dato' Wong Gian Kui
Executive Director

Profiles
Datin Chan Bee Leng
Non-Independent Non-Executive Director

Profiles
Mr. Low Kheng Lun
Non-Independent Non-Executive Director

Profiles
Mr. Thevanaigam Rajan Chitty
Independent Non-Executive Director

Profiles
Mr. Danny Hoe Kam Thong
Independent Non-Executive Director

Posted by Good123 > 2024-04-17 09:50 | Report Abuse

AUDIT COMMITTEE
Mr. Thevanaigam Rajan Chitty (Chairman)

Tan Sri Datuk Seri (DR) Mazlan Bin Lazim

Mr. Danny Hoe Kam Thong

NOMINATION COMMITTEE
Mr. Danny Hoe Kam Thong (Chairman)

Tan Sri Datuk Seri (DR) Mazlan Bin Lazim

Mr. Thevanaigam Rajan Chitty

REMUNERATION COMITTEE
Tan Sri Datuk Seri (DR) Mazlan Bin Lazim

Mr. Danny Hoe Kam Thong

EXECUTIVE COMMITTEE
Mr. Monteiro Gerard Clair (Chairman)

Dato’ Sri Chee Hong Leong

Dato’ Wong Kit-Leong

Dato’ Wong Gian Kui

Posted by Good123 > 2024-04-17 09:51 | Report Abuse

PRINCIPAL BANKERS
Ambank (M) Berhad
Hong Leong Bank Berhad
Bank Pembangunan Malaysia Berhad
Sabah Development Bank Berhad

Posted by Good123 > 2024-04-17 10:42 | Report Abuse

accumulate if u have holding power :)

During the first quarter of 2024, resilient economic data propelled global equities, with the MSCI World rising 8.5%. Developed market equities, particularly in the US, Europe and Japan, performed strongly, while emerging market equities underperformed amid concerns over China's growth. Meanwhile, there remains a positive return for India, albeit at a slower pace. In Malaysia, the market saw a recovery with a +5.6% increase this year, reversing the 2.7% decline experienced in 2023. All sectors showed gains year-to-date as of March 2024, with Utilities, Property, Energy, and Construction leading the way, while Tech and Healthcare sectors lagged behind