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

Save Print Back

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, :)


Save Print Back

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

harga tanah kian mahal apalagi kat KK & KL Bkt Jalil :)

Ajinomoto, had in July 2023, proposed to sell six parcels of land with redevelopment potential that are located along Jalan Kuchai Lama, Kuala Lumpur to businessman Tan Sri David Law Tien Seng, better known as TS Law, for RM408mil cash.

admire the 2 projects of hohup in 2 golden/prestigious places, KK & KL(Bukit jalil) :) Demand in those areas will increase with more development.

further boost to ho hup's property projects in bukit jalil KL :)

KL Wellness City launches tertiary hospital as part of the township’s first phase
KUALA LUMPUR (May 3): KL Wellness City Sdn Bhd, through KL International Hospital Sdn Bhd, has launched KL International Tertiary Hospital as part of the first phase of the KL Wellness City township in Bukit Jalil here on Thursday (May 2).
TheEdge03 May, 2024 12:22pm - 21 minutes ago

"Needless to say, there will also be a big demand for the construction industry and real estate."

Economists: Microsoft's investment can reshape talent capital, economy
NST Fri, May 03, 2024 08:22am - 3 hours

upside sampai 33sen, downside rugi 3sen, kini 15sen

52w 0.120 - 0.330 (julat harga bagi 52 minggu terkini) hehe

2024-05-03 0.15-0.16 volume = 1,975,300 higher than yesterday...still early


2024-05-02 0.145 0.130 0.145 0.130 1,567,100
2024-04-30 0.130 0.135 0.135 0.130 815,700

jualbeli range 15-16sen... waiting for sudden surge in terms of price & volume hehe

BUY 71%
SELL 29%
13 417,400 0.145 0.150 69,900 3
12 699,600 0.140 0.155 498,800 4
10 548,700 0.135 0.160 507,200 12
23 1,117,000 0.130 0.165 330,900 9
17 1,332,400 0.125 0.170 270,000 9

Time Price Chg Vol
11:23:11 0.150 70,000
11:19:36 0.150 10,000
11:03:52 0.150 10,000
10:57:12 0.150 10,000
10:54:27 0.150 5,000
10:52:46 0.150 20,000
10:52:19 0.150 120,100
10:33:32 0.150 -0.005 49,200
10:32:50 0.155 +0.005 5,000
10:30:58 0.150 20,000
10:10:21 0.150 30,000
10:02:11 0.150 100,000
10:01:21 0.150 100,000
09:48:41 0.150 6,800
09:48:39 0.150 23,200
09:48:14 0.150 20,000
09:47:52 0.150 16,800
09:47:37 0.150 3,200
09:47:20 0.150 198,800
09:46:40 0.150 20,000
09:46:07 0.150 100,000
09:45:45 0.150 50,000
09:34:50 0.150 -0.005 12,000
09:29:58 0.155 10,000
09:20:30 0.155 200

3, May 2024, Friday

*US*
Stock futures rose Thursday night as investors prepared themselves for the upcoming April jobs report, due Friday morning.

*EUR*
European stocks closed lower on Thursday as global markets reacted to a slew of corporate earnings and the U.S. Federal Reserve’s latest monetary policy decision.

*ASIA*
Asia-Pacific markets rose on Friday, tracking Wall Street gains ahead of key U.S. employment data.

*MALAYSIA*
The domestic market could wrap the week on a high note after stubbornly holding on to optimism amid better-than-expected earnings results from Wall Stret.

*GOLD*
Gold retreated on Thursday as focus returned to chances of U.S. interest rates staying higher for longer, with traders also positioning for economic data that could influence the Federal Reserve’s policy path.

*Oil*
U.S. crude oil edged higher on Thursday after selling off to a seven-week low on a surge in petroleum inventories on softening demand.

*KLCI*:
1,575.97 (+4.33) (+0.27%)

*DJIA*:
38,225.66 (+322.37) (+0.85%)

*S&P 500*:
5,064.20 (+45.81) (+0.91%)

*NASDAQ*:
15,840.96 (+235.48) (+1.51%)

*FTSE*:
8,172.15 (+50.91) (+0.63%)

*NIKKEI*:
38,236.07 (-37.98) (-0.10%)

*HSI*
18,207.13 (+444.10) (+2.50%)

*HSCEI*
6,437.09 (+163.34) (+2.60%)

*SHANGHAI*
Holiday

*SHENZHEN*:
Holiday

*GOLD*: 2,309.60

*CRUDE OIL*: 83.95

*USD/MYR*: 4.7428

_Source: The Edge, The Star, CNBC, Reuters, MarketWatch & Bloomberg_

*Disclaimer:*
_We have compiled this material with information obtained from sources we believe to be reliable, but we do not make any representation or warranty nor accept any responsibility or liability as to its accuracy, completeness or correctness. It ppl contains general information only on investment matters and the information is subject to change. The material above should not be considered as a comprehensive statement on any matter and should not be relied upon as such. The data presented is for information purposes only and is not a recommendation to buy or sell any securities or adopt any investment strategy. This material is not intended to be relied upon as a forecast, research, or investment advice regarding a particular investment or the markets in general, nor is it intended to predict or depict performance of any investment._

Rakuten Trade vice president of research Thong Pak Leng stated that the prospects for domestic stocks remain optimistic, driven by the ongoing influx of foreign funds into the area.

15sen~2mil shares traded not bad 11.16am ... Still early

gaji pekerja sektor awam naik, permintaan produk kawan naik, harga syer naik juga terbaik hehe

ok, tutup skrin komputer now. buka semula esok. bai bai .... elakkan emosi mau jual murah hehe

saya mau ikut hohup, anda? hehe

Share Issued 518.260m Market Cap80.330m

total syer sedikit... kalau offer price doubled current market price cuma~RM160mil murah ..hehe

terlalu awal lagi

VWAP:0.1535 Avg Vol/Trans:168.04 Buy Rate:53%

booster jugak ada NEW YORK: U.S. stocks rallied on Thursday as investors

takeover pun bagus hopefully, semoga p/b=1, offer price 66sen, cantik? hehe

beberapa jutawan diramal akan muncul dari saham ho hup kot? wait n see yah/

kalau konglomerat China ambil alih hohup, harga syer sama dengan NTA 66sen P/B = 1 pun takda isu hehe

20sen++ boleh menjadi nyata dudes

usah lawan tren.... keep dulu... max profit

oh my god 16sen terus melonjak

berita baik on the way kot? ada angtin baru pokok bergonyang kan?hehe 15.5sen dah mau clear jugak

ada takeover offer atau mgmt buyout ka? greatly undervalued bukan?

haha 15.5sen dah. up 1sen dah... awal lagi hehe