Ya, syer undervalued, ada cash lebihan, buy back syer terbaik
Circular/Notice to Shareholders HO HUP CONSTRUCTION COMPANY BHD
Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO: (I)PROPOSED RENEWAL OF SHARE BUY-BACK OF UP TO TEN PERCENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY; AND (II) PROPOSED RENEWAL OF EXISTING SHAREHOLDERS' MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE
Please refer attachment below.
Attachments HHCCB - Circular.pdf 456.2 kB
Announcement Info Company Name HO HUP CONSTRUCTION COMPANY BHD Stock Name HOHUP Date Announced 30 Apr 2024 Category Document Submission Reference Number DCS-30042024-00103
LONDON: U.S. investors are buying up London commercial property at the fastest rate in eight years, data compiled by BNP Paribas's real estate arm showed, lured by signs the market in Britain is recovering faster than the harder-hit United States.
Commercial property values and sales have plunged globally in recent years - including in Britain - as soaring borrowing costs and emptying post-pandemic offices have eroded investments. Vacancy rates have jumped, especially in the U.S.
U.S. investor interest in Britain is growing, helped by more appealing "leasing fundamentals" and a stronger dollar versus the pound, BNP Paribas Real Estate said.
U.S. property markets remained mired in concerns about sticky interest rates, a slower return to the office and political uncertainty before the U.S. election, it added.
U.S.-based investors spent 1.9 billion pounds (US$2.4 billion) on London commercial property in January-March - up six-fold on the prior year and the most since the final quarter of 2015, according to the data.
"This positive uplift into this new cycle tells us U.S. capital is firmly back in the market," said Fergus Keane, BNP Paribas Real Estate's head of central London capital markets.
High-profile deals included MCR Hotels' 275 million pound purchase of the BT Tower in central London, with the prominent former telecoms tower to be converted into a luxury hotel, and Elliott Management and Oval Real Estate's 300 million pound acquisition of a mixed-use portfolio in the capital's West End.
Across Britain, U.S. investors spent 3.1 billion pounds on property in the quarter, up two-thirds on 2023 and the most since early 2022, BNPP said.
U.S. domestic political tensions were "certainly at play" in the upswing in investment, Keane added.
Britain is poised to be the biggest beneficiary of U.S. investment into real estate overseas, with US$13 billion waiting to be deployed, up from US$10 billion in 2023, according to separate Knight Frank research covering 19 major markets.
KUALA LUMPUR, May 2 — Microsoft today pledged a US$2.2 billion (RM10.5 billion) investment in artificial intelligence and cloud computing in Malaysia to help develop the country’s AI infrastructure.
The tech giant’s chief executive Satya Nadella is on a three-nation tour of South-east Asia — Indonesia, Thailand and Malaysia — to announce a range of investments in data centres, AI and cloud services.
“Today, Microsoft announced it will invest US$2.2 billion over the next four years to support Malaysia’s digital transformation — the single largest investment in its 32-year history in the country,” it said in a statement released as CEO Satya Nadella gave a keynote speech in Kuala Lumpur.
It said the cash would help to build AI and cloud infrastructure in Malaysia, creating an AI centre of excellence and giving AI training to as many as 200,000 Malaysians.
“We are committed to supporting Malaysia’s AI transformation and ensure it benefits all Malaysians,” Nadella said in the statement.
SINGAPORE: Asian stocks and U.S. futures rose on Thursday after the Federal Reserve downplayed risks of an interest rate hike, while the yen was bumpy after another burst of suspected intervention from Japan.
Shortly after Fed Chair Jerome Powell had finished telling reporters the Fed may have to leave rates elevated, the yen surged against the dollar.
Directors so keen to deal in shares b4 agm on may 30... Good news are coming, tak kan mau sabotage b4 agm. Buy
DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : INTENTION TO DEAL DURING CLOSED PERIOD HO HUP CONSTRUCTION COMPANY BHD
Subject Intention to Deal During Closed Period
No Salutation Name Designation Description Of "Others" Designation 1 DATO' WONG KIT-LEONG Executive Director Nature of Interest Direct Interest Description of Securities Ordinary Shares No of Securities Held 150,000 % of Securities Held 0.029 2 DATIN CHAN BEE LENG Others 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 DATIN CHAN BEE LENG Others 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 MR LOW KHENG LUN Others 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 TAN SRI DATUK SERI (DR) MAZLAN BINLAZIM Others 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
Announcement Info Company Name HO HUP CONSTRUCTION COMPANY BHD Stock Name HOHUP Date Announced 29 Apr 2024 Category Dealings in Listed Securities (Chapter 14 of Listing Requirements) Reference Number DLR-29042024-00010
Amboi, agm may 30, tapi directors dah sibuk mau deal in syer dah hehe
GENERAL MEETINGS: Notice of Meeting HO HUP CONSTRUCTION COMPANY BHD
Type of Meeting General Indicator Notice of Meeting Description HO HUP CONSTRUCTION COMPANY BERHAD - FIFTIETH ANNUAL GENERAL MEETING Date of Meeting 30 May 2024 Time 10:30 AM
Venue(s) Bukit Jalil Golf and Country Resort, 1st Floor, Perdana 1 & 2 Room, Jalan Jalil Perkasa 3, Bukit Jalil, 57000 Kuala Lumpur Malaysia
Date of General Meeting Record of Depositors 23 May 2024
Resolutions
1. For Information Description To receive the Audited Financial Statements for the financial year ended 31 December 2023 together with the Reports of the Directors and the Auditors thereon ("Audited Financial Statements and Reports FY 2023"). Shareholder’s Action For Information Only
2. 1 Description To approve the payment of Directors fee of RM500,000 for the financial year ending 31 December 2024, to be payable on a quarterly basis in arrears. Shareholder’s Action For Voting
3. 2 Description To approve the payment of Directors benefits up to an amount of RM70,000 from 31 May 2024 until the next Annual General Meeting ("AGM") of the Company. Shareholder’s Action For Voting
4. 3 Description To re-elect Dato' Wong Kit-Leong who retires by rotation in accordance with Clause 93 of the Company's Constitution. Shareholder’s Action For Voting
5. 4 Description To re-elect Low Kheng Lun who retires by rotation in accordance with Clause 93 of the Company's Constitution. Shareholder’s Action For Voting
6. 5 Description To re-appoint UHY as Auditors of the Company for the ensuing year and to authorise the Board of Directors to fix their remuneration. Shareholder’s Action For Voting
7. 6 Description Authority to allot and issue shares pursuant to Sections 75 and 76 of the Companies Act 2016. Shareholder’s Action For Voting
8. 7 Description Proposed Renewal of Share Buy-Back Authority for the Company to Purchase Its Own Shares of Up to Ten Percent (10%) of the Total Number of Issued Shares of the Company. Shareholder’s Action For Voting
9. 8 Description Proposed Renewal of Existing Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature as set out in Section 2.4 of the Circular to Shareholders dated 30 April 2024. Shareholder’s Action For Voting
Please refer attachment below.
Attachments HHCCB - Notice of AGM.pdf 59.0 kB
Announcement Info Company Name HO HUP CONSTRUCTION COMPANY BHD Stock Name HOHUP Date Announced 29 Apr 2024 Category General Meeting Reference Number GMA-29042024-00155 Corporate Action ID MY240429MEET0153
Investor sentiment is positive and risk appetite looks strong going into the Asian open on Friday, after world stocks rose and U.S. bond yields and the dollar fell the previous day.
NTA 0.6600 P/B 0.22 ---> 0.5 = syer price at least 33sen.. sanggup menunggu ka?$$$$$$$$$$$$$$$$ RPS 36.15 PSR 0.40 Market Cap 75.1M Shares (mil) 518.26
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 > 2024-05-02 08:59 | Report Abuse
2 property dev projects in kk & bukit jalil kl, smart move by hohup& right focus . Golden areas