The JV project between HOHUP & MALTON to build up Pavillion 2 catch most people's attention. Calculation in 2014 predict the value of this project is RM4.0 Billion, while in 2017, because of the relationship between USD and MYR,the value is RM 6.0 billion. How much would it be when it complete? Because of the LRT station, it would be at least RM8.0 billion, at conservative estimation. (according to the transaction in bursa, value of the 30 acres Pavillion 1 is RM5.5 billion)
How much project in hands of HOHUP? Right now, RM580 milllion. In tender, RM8.0 billion. if they get 10% of them, the value would be RM800 million. Then the total value of project in hand would be RM1.3 billion.
One more unique and special JV for HOHUP is their JV with the Melaka state government to exploit one stone mountain in Melaka(only 2 stone mountain in Melaka). The stone are mostly use for the land reclamation in Melaka to build up pier. Simply said, this would bring steady income to HOHUP in a long run.
Stock: [HOHUP]: HO HUP CONSTRUCTION COMPANY
2017-03-29 19:31 | Report Abuse
The JV project between HOHUP & MALTON to build up Pavillion 2 catch most people's attention. Calculation in 2014 predict the value of this project is RM4.0 Billion, while in 2017, because of the relationship between USD and MYR,the value is RM 6.0 billion. How much would it be when it complete? Because of the LRT station, it would be at least RM8.0 billion, at conservative estimation. (according to the transaction in bursa, value of the 30 acres Pavillion 1 is RM5.5 billion)
How much project in hands of HOHUP? Right now, RM580 milllion.
In tender, RM8.0 billion. if they get 10% of them, the value would be RM800 million.
Then the total value of project in hand would be RM1.3 billion.
One more unique and special JV for HOHUP is their JV with the Melaka state government to exploit one stone mountain in Melaka(only 2 stone mountain in Melaka). The stone are mostly use for the land reclamation in Melaka to build up pier. Simply said, this would bring steady income to HOHUP in a long run.