Hohup also did ecrl job, valuable for other projects in the region especially project like HSR to spore

Offer for privation if any, p/b value at least 0.5 to 1, nta 66sen, it could range from 33sen to 66sen hehe

Coming HSR project to spore & other construction pr, it could be a china group w hich needs a listed co here to take it projectsivate with the founder, wait n see

Founder with rich investors to take it private hopefully

Operator wanted to press down the price , opportunities to accumulate b4 it flies after operator accumulated enough

https://propertystar.com.my/flex-sovo-bukit-jalil/

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.

HO HUP Bukit Jalil new project, completion in 2027 :)

www.propertyguru.com.my › property-listing › flex-sovo-bukitFlex Sovo @ Bukit Jalil - PropertyGuru Malaysia
1 bath. 542 sqft. RM 627 psf. About this property. New Project Flex SOVO Bukit Jalil Freehold Aurora Suites Pavilion. Affordable, Low Risk and Investment Return up to 10% Potential Capital Appreciation. Selling below 20-30% compare to surrounding property. 1min walking distance to Pavilion Bukit Jalil.

www.edgeprop.my › condo › flex-sovo-46359Flex SOVO, Bukit Jalil Insights, For Sale and Rent | EdgeProp.my
Property For Sale or Rent, at Flex SOVO, residential in Bukit Jalil, Kuala Lumpur. Explore the Flex SOVO Price History, Facilities, Location Map & Highlights on EdgeProp.my.

www.iqiglobal.com › project › flex-sovoFlex Sovo @ Bukit Jalil - Bukit Jalil, Kuala Lumpur - IQI Global
This recent mixed-development project is situated in the bustling area of Bukit Jalil, covering 3.09 acres of commercial land. It offers a diverse range of units designed to provide flexibility and convenience. Comprising 491 units, known as Flex Suites, Flex Sovo caters to various commercial needs.

newpropertylaunch.com.my › flex-sovoFlex SOVO | Bukit Jalil | New Property Launch - Kuala Lumpur,...
Developer: Ho Hup Group. Unit Built-ups. Gross Price from RM 4xx,000. Location of Flex SOVO. The 50-storey building is located about 200 meter walk to Pavilion Bukit Jalil. Easy access to major highways – Bukit Jalil Highway, Maju Express Highway (MEX), LDP, Kesas, MRR2, SUKE, KL-Seremban Highway. LRT stations. 3 km to LRT Muhibbah.

propertystar.com.my › flex-sovo-bukit-jalilFlex Sovo, Bukit Jalil – PropertyStar.com.my
FREE shuttle bus service provided by Pavilion Bkt Jalil to LRT station Awan Besar (To & Forth) Easy access to 7 major highway: Bukit Jalil Highway, Maju Express Highway (MEX), MRR2, KESAS, LDP,

www.metproperty.com › new-launches › kuala-lumpurProperty Review: Flex SOVO (2027) @Pavilion 2, Bukit Jalil |...
Flex SOVO @ Pavilion 2, Bukit Jalil is a Freehold property by Ho Hup Group. Total Units: 491, Completion Year: 2027, Price Range: from RM380,000.

flexsovo.com.myHoHup Flex
012-2228550. Name *. Email *. Mobile *. By submitting this Form, you hereby agree that Bukit Jalil Development Sdn Bhd, its related corporations, associates, affiliates and joint development

https://www.metproperty.com/wp-content/uploads/2023/09/Flex_ExtendedBrochure.pdf

www.metproperty.com › new-launches › kuala-lumpurProperty Review: Flex SOVO (2027) @Pavilion 2, Bukit Jalil |...
Flex SOVO @ Pavilion 2, Bukit Jalil is a Freehold property by Ho Hup Group. Total Units: 491, Completion Year: 2027, Price Range: from RM380,000.

Ho Hup’s previous launches in Bukit Jalil — Aurora Place and Aurora SoVo — are fully taken up.$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

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

increase share buyback + dividend payout = share price UP....

share buyback macam alibaba, tencent, etc :)

Wednesday, 17 Apr 2024
5:56PM
KAWAN 33,000 shares purchased into treasury
Tuesday, 16 Apr 2024
5:48PM
KAWAN 70,900 shares purchased into treasury
Monday, 15 Apr 2024
5:54PM
KAWAN 105,600 shares purchased into treasury
Friday, 12 Apr 2024
5:48PM
KAWAN 100,000 shares purchased into treasury
Tuesday, 9 Apr 2024
5:08PM
KAWAN 191,800 shares purchased into treasury
5:07PM
KAWAN 425,300 shares purchased into treasury
Monday, 8 Apr 2024
5:33PM
KAWAN 93,700 shares purchased into treasury
Friday, 5 Apr 2024
5:44PM
KAWAN 118,100 shares purchased into treasury
Thursday, 4 Apr 2024
5:44PM
KAWAN 50,600 shares purchased into treasury
Wednesday, 3 Apr 2024
5:40PM
KAWAN 103,900 shares purchased into treasury
Tuesday, 2 Apr 2024
5:43PM
KAWAN 59,000 shares purchased into treasury

Company Growth: Ho Hup Construction Company Berhad has a history of growth and has become one of the largest companies in construction and related services in Malaysia. With a comprehensive range of capabilities in building, civil engineering, specialized intelligent building, trading, and related services, the company has a strong foundation for continued success

Good, price is recovering

BUY 63%
SELL 37%
7 292,800 0.135 0.145 58,300 2
14 459,000 0.130 0.150 200,000 6
12 600,000 0.125 0.155 233,000 3
9 777,600 0.120 0.160 320,000 4
4 143,000 0.115 0.165 530,000 3

there are some general concerns that regulators might consider when evaluating a company’s rights issue:

Dilution of Share Value: A rights issue can lead to a dilution of share value if it’s not managed properly. If the number of shares increases significantly without a corresponding increase in the company’s value, the price per share could decrease.
Financial Health: If a company is in poor financial health, a rights issue might be seen as a desperate attempt to raise funds, which could erode investor confidence.
Use of Proceeds: The company must clearly state how the proceeds from the rights issue will be used. If the use of proceeds is unclear or not in the best interest of the company and its shareholders, the rights issue might not be approved.
Fairness to Shareholders: The rights issue must be fair to all shareholders. If the rights issue is structured in a way that disadvantages certain shareholders, it might not be approved12.
Regulatory Compliance: The company must comply with all relevant regulations and disclosure requirements. If the company fails to do so, the rights issue might not be approved

Ho Hup Construction Company Berhad's growth can be attributed to several factors, despite facing some challenges:

1. **Reinvestment for Growth**: The company has been reinvesting its profits into the business, which is a common strategy for long-term growth. This reinvestment has led to higher sales and could potentially result in increased returns on capital employed (ROCE) in the future¹.

2. **Expansion of Operations**: Ho Hup has a significant presence in local markets and is involved in major engineering structures, civil engineering, dredging, road building, and infrastructure projects, which may contribute to its growth³.

3. **Market Position**: Despite a decrease in ROCE in recent years, the company's market position and the scale of its operations have expanded, indicating a focus on growth and market penetration¹.

4. **Industry Average**: The company's ROCE is around the average for the construction industry, which suggests it is maintaining a competitive position within its sector¹.

5. **Stock Performance**: There is an opportunity for investors as the stock has declined in the last five years, which could indicate a potential undervaluation if the company's growth strategies pay off¹.

$$$$$

Kawan Food Berhad, a company specializing in frozen food, has shown remarkable growth due to several key factors:

1. **Product Quality and Range**: Kawan Food Berhad offers a wide array of high-quality Asian delicacies that appeal to a global market. Their commitment to authentic and affordable products has helped them establish a strong presence in the frozen food industry¹.

2. **Innovative Manufacturing**: The company operates out of a state-of-the-art factory in Pulau Indah, Klang, which allows for efficient production and innovation in their product lines¹.

3. **Market Expansion**: Kawan Food Berhad has been successful in expanding its geographical footprint. They have managed to penetrate new markets, including South America, contributing to their growth⁵.

4. **Consumer Preferences**: There has been a shift in consumer preference towards convenient and longer shelf-life food items, especially due to the Covid-19 pandemic. This trend has favored the demand for Kawan Food Berhad's frozen products⁴.

5. **Financial Management**: The company's financial strategies, including adjustments in selling prices and achieving greater economies of scale, have been pivotal in improving margins and sustaining growth³.

These factors combined have contributed to Kawan Food Berhad's continued growth in the competitive food industry.

$$$$$

The potential rise in property prices in **Bukit Jalil** can be attributed to a combination of factors, including:

1. **Economic Growth and Urbanization**:
- Bukit Jalil has undergone significant transformation from a former rubber plantation estate to a thriving urban area. This urbanization has created opportunities for suburbs within the Klang Valley, and the growth of the population in the capital city is likely to have a spillover effect on the surrounding neighborhoods¹.
- The area has seen an increase in business establishments and educational institutions, which has, in turn, increased the student population and working professionals in the area¹.

2. **New Developments**:
- There is a second wave of development in Bukit Jalil, including a mixed-use project comprising serviced apartments, shop offices, office towers, retail malls, and hotels. This project is expected to be built over 20 years with an estimated gross development value of RM21 billion⁴.

3. **Rising Demand for Commercial Properties**:
- The demand for commercial properties in Bukit Jalil has been vibrant in the last few years. This rising commercial segment suggests a firm demand for developments in the area⁵.

4. **Connectivity**:
- Bukit Jalil is well connected by a synergy of roads, highways, and public transport, making it an attractive location for residents and investors alike².

5. **Population Growth**:
- The area is recognized as a new growth area in the south of Kuala Lumpur, with a fast-growing population². This increase in population can lead to higher demand for residential properties.

These factors, combined with the general market sentiment and economic conditions, can contribute to the potential rise in property prices in Bukit Jalil. 🏠📈

The potential for property prices in Kota Kinabalu to rise can be attributed to several factors:

1. **Economic Growth**:
- Kota Kinabalu, as the capital of Sabah, is experiencing ongoing economic development which can lead to increased demand for properties.
- Economic initiatives and investments in the region can boost job opportunities, attracting more residents and increasing the need for housing.

2. **Tourism**:
- As a popular tourist destination, Kota Kinabalu's property market can benefit from the tourism sector.
- Properties may be sought after for short-term rentals or as vacation homes, driving up prices.

3. **Urbanization**:
- The city's continuous urbanization leads to the development of new residential and commercial areas.
- This urban expansion can result in higher property values, especially in well-developed and accessible areas.

4. **Infrastructure Development**:
- Improvements in infrastructure, such as roads, public transportation, and amenities, can make certain areas more desirable.
- Properties in well-connected areas, or those slated for future development, may see an increase in value.

5. **Supply and Demand**:
- The balance between the available property supply and buyer demand significantly affects prices.
- If demand outpaces supply, especially in prime locations, property prices are likely to rise.

6. **Interest Rates**:
- Lower interest rates can make mortgages more affordable, increasing the number of potential buyers and investors.
- This increased buying power can lead to higher property prices due to greater competition for available properties.

7. **Market Sentiment**:
- Positive market sentiment can encourage more transactions and investment in the property market.
- When buyers and investors are optimistic about the market's future, they are more willing to pay higher prices.

🏠📊

The prices of properties in **Johor** have the potential to rise due to several factors:

1. **Rapid Transit System (RTS) Link Development**:
- The **RTS Link**, which is slated for completion by the end of **2026**, is a significant catalyst for Johor's property market. It enhances connectivity with Singapore and revitalizes the local property market, especially in **Johor Bahru**.
- As the RTS Link reached **50% completion in April 2023**, the demand index for residential properties in Johor Bahru increased by **17%**⁶.
- The improved transportation infrastructure is expected to attract more buyers and investors, potentially driving property prices upward.

2. **Decrease in Overhang Properties**:
- Johor has grappled with a significant overhang issue in its residential property market, but recent trends show improvement.
- According to the **National Property Information Centre (NAPIC)**, Johor's overhang fell by **19.6%** from **5,258 units in 2022 to 4,228 units in 2023**⁶.
- This reduction in unsold properties indicates a healthier market and may contribute to price stability and growth.

3. **Positive Economic Initiatives**:
- Johor's transformation efforts, including the designation of **Forest City** as a special financial zone (SFZ), the proposed **Johor-Singapore Special Economic Zone (SEZ)**, and the potential revival of the **Kuala Lumpur-Singapore high-speed rail (HSR)**, have boosted property demand and enhanced values⁶.
- These initiatives create investor confidence and attract buyers, potentially leading to price appreciation.

4. **Proximity to RTS Stations**:
- Properties located near RTS stations are likely to experience increased demand due to improved accessibility to Singapore.
- Buyers may seek properties close to the **Bukit Chagar station** (next to the JB checkpoint) and the underground **Woodlands North station** in Singapore.

5. **Gross Rental Yield**:
- Johor's gross rental yield of **6.25%** surpasses the national average of **5.16%**⁶.
- Favorable rental yields can attract investors and contribute to property price growth.

In summary, the combination of transportation infrastructure development, reduced overhang, positive economic initiatives, and attractive rental yields positions Johor's property market for potential price appreciation in the coming years. 🏡📈

We need multiple transportation options. We are also working with Handal Indah to ensure a seamless connection for Johoreans,” he said in a press conference after the inaugural ceremony of the first cross-border electric bus here on Tuesday (April 16).

Onn Hafiz said this was one of the steps the state government was taking to address congestion issues in Johor, especially after the Rapid Transit Link (RTS) between Johor Baru and Singapore had been completed.

https://www.thestar.com.my/news/nation/2024/04/16/johor-proposes-elevated-autonomous-rapid-transit-to-reduce-traffic-congestion

$$$$$$$$$$$$$$$$$$$$$
He said that given the market's anticipation of forthcoming rate cuts, the upward trajectory will likely persist.

"Small and mid-cap stocks may serve as indicators of growth or value," he continued.

KUALA LUMPUR: Better prospects for the local bourse in 2024 will foster a more conducive environment for initial public offerings (IPO) this year, especially from among small and medium enterprises (SMEs).

Mohd Sedek Jantan, the head of wealth research and advisory and designated portfolio manager at UOB Kay Hian Wealth Advisors, said the barometer index is anticipated to perform positively this year, projecting the index to reach 1,605 points.

He noted that the Malaysian stock market displayed a positive trajectory in the first quarter of 2024 with the FBM KLCI index ending at 1,536.07, up 5.60 per cent. An upward trend was sustained throughout the quarter, with the index reaching its peak at 1,558, underpinned by a resilient domestic economy and effective policy implementation.

Other key factors driving this growth included appealing valuations, high dividend yields, and a depreciation in ringgit, which attracted additional investments.

"The correlation between initial public offerings (IPOs) and market indices can be intricate. Generally, positive market indices, indicative of investor confidence and economic health, can foster a conducive environment for IPOs," he told Bernama.

He said that given the market's anticipation of forthcoming rate cuts, the upward trajectory will likely persist.

"Small and mid-cap stocks may serve as indicators of growth or value," he continued. "However, it's important to note that the IPO performance is influenced not only by broader market conditions but also by individual company prospects and macroeconomic factors at the time of the IPO."

Therefore, Sedek said companies which want to do an IPO must be prepared to navigate through transient market windows and potential shifts in valuations, adding that the post-listing performance will serve as a crucial gauge of success.

Mohd Sedek said despite a subdued market in the first quarter, Malaysia and Indonesia remain prominent destinations for IPO issuers in the region. Nine IPOs were listed on Bursa Malaysia, comprising eight in the ACE Market and Prolintas Infra Business Trust in the Main Market.

Overall, the Asean region saw 38 IPOs, raising US$1.0 billion. This marked a decline of 27 per cent in the number of IPOs and a 31 per cent fall in proceeds.

He also reckons that the move to expedite to three months for new applications received from March 1 for the Main Market and ACE Market demonstrates a strategic initiative to simplify and accelerate the listing process, which will have positive effects in multiple areas.

"This development is set to stimulate market activity, fostering increased investor confidence in the strength of our regulatory framework and market transparency. In addition, the accelerated approval process can help boost economic growth by making it easier for companies to access capital quickly," he said.

This, in turn, allows them to pursue expansion projects, encourage innovation, and create more job opportunities.

"This initiative competitively positions Malaysia, potentially making it a preferred choice for companies considering public listings in the region.

"The simplification of IPO approvals creates a more dynamic and flexible capital market environment that promotes effective capital allocation and investment decision-making," he added.

In 2023, IPO issuances improved to RM3.6 billion from 2022's RM3.5 billion via the listing of 32 companies.

The benchmark FBM KLCI declined by 2.7 per cent last year, ending at 1,454,66. - Bernama

accumulate on share price weakness :)

currently, greatly oversold, nanti, overbought balik hehe

RSI(14) Neutral 31.6
Stochastic(14) Oversold 7.7
Average Volume (3M) 1,084,100
Relative Volume 0.1

insider ada beli... yakin. add to portfolio for 1-3 years..

Friday, 22 Mar 2024
5:16PM
HOHUP LEE FOOK YUEN (1,715,100 units Acquired)

annual report 2023 :)

THIRTY (30) LARGEST SECURITIES ACCOUnT HOLDERS (BASED On THE RECORD OF DEPOSITORS)
(Without aggregating securities from different securities accounts belonging to the same person)
no. name of Holders
number of
Shares %
1. HSBC Nominees (Asing) Sdn. Bhd
Exempt An for the Hongkong and Shanghai Banking Corporation
Limited (GCHK-LAZARUS)
108,135,300 22.24
2. Lim Kon Lian 59,373,000 12.21
3. HSBC Nominees (Asing) Sdn. Bhd.
Exempt An for Morgan Stanley & Co. International PLC (IPB Client Acct)
29,209,291 6.01
4. Attractive Venture Sdn. Bhd. 23,710,200 4.88
5. Chia Kee Foo 17,250,000 3.55
6. Grace Vun Siaw Nei 15,650,000 3.22
7. Kong Kok Keong 15,520,500 3.19
8. CGS-CIMB Nominees (Asing) Sdn. Bhd.
Exempt An for CGS-CIMB Securities (Hong Kong) Limited (Foreign Client)
15,185,009 3.12
9. M & A Nominee (Tempatan) Sdn. Bhd.
Sanston Financial Group Limited for G Rubber Sdn. Bhd.
14,400,000 2.96
10. Kenanga Nominees (Tempatan) Sdn. Bhd.
Pledged Securities Account for Koo Kien Yoon
14,150,000 2.91
11. Ang Wan Joo 13,126,600 2.70
12. G Rubber Sdn. Bhd. 10,174,300 2.09
13. Affin Hwang Nominees (Tempatan) Sdn. Bhd.
Exempt An for Sanston Financial Group Limited (Account Client)
9,394,600 1.93
14. Sersol Marketing Sdn. Bhd. 9,120,300 1.88
15. CGS-CIMB Nominees (Tempatan) Sdn. Bhd.
Pledged Securities Account for Grace Vun Siaw Nei (MQ0687)
7,500,000 1.54
16. Parlo Tours Sdn. Bhd. 6,795,900 1.40
17. Maybank Nominees (Tempatan) Sdn. Bhd.
Chang Yen Wei
6,185,000 1.27
18. lim Wee Hun 3,000,000 0.62
19. Affin Hwang Nominees (Asing) Sdn. Bhd.
Exempt An for Sanston Financial Group Limited (Account Client)
2,914,000 0.60
20. lim siew Ching 2,516,600 0.52
21. lim sin Ho 2,209,600 0.45
22. ong gim Hai 2,000,000 0.41
23. Chia Teck Beng 1,706,000 0.35
24. liau Chian Chor 1,550,000 0.32
25. lim leong Wei 1,400,000 0.29
26. Kenanga Nominees (Tempatan) Sdn. Bhd.
Pledged Securities Account for Lee Kim Teck
1,275,100 0.26
27. Ti Hui sim 1,190,000 0.24
28. Cheng nyek Paw 1,100,000 0.23
29. Chiang Yok Leng 1,000,000 0.21
30. Lim Yuk Wai @ Lam Yuk Wai 1,000,000 0.21
TOTAL 397,741,300 81.81

Listed On Main Market
Sector
Construction
Sub-Sector:
Construction
Share Issued:
518.260m
Market Cap: RM69.965m
Entitlement-Syariah Yes

good, how USA and G7 to fight Iran and the related terrorists hehe

US to impose new sanctions targeting Iran's missile and drone program
The new sanctions and other measures will "continue a steady drumbeat of pressure" to contain and degrade Iran's military capacity and effectiveness, National Security Advisor Jake Sullivan said.
By HANNAH SARISOHN

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Twitter
White House National Security Advisor Jake Sullivan takes questions during the daily press briefing at the White House in Washington, U.S. October 10, 2023. (photo credit: REUTERS/JONATHAN ERNST)Enlrage image
White House National Security Advisor Jake Sullivan takes questions during the daily press briefing at the White House in Washington, U.S. October 10, 2023.
(photo credit: REUTERS/JONATHAN ERNST)
New sanctions targeting Iran and sanctions against entities supporting the Islamic Revolutionary Guard Corps and Iran's Defense Ministry will be imposed in the coming days, National Security Advisor Jake Sullivan said in a statement on Tuesday evening.

"Following Iran's unprecedented air attack against Israel, President Biden is coordinating with allies and partners, including the G7, and with bipartisan leaders in Congress, on a comprehensive response," Sullivan said.

It's anticipated that US allies and partners will soon be following with their own sanctions, according to the statement.

volatility in the short term is a chance to make money in the medium or long term

good, saudi is with israel. A source connected to the Saudi Royal family told KAN that the country had a system to automatically intercept any suspicious entity in its airspace.

That source also charged that Iran had instigated the Gaza war, through its proxy group Hamas, to thwart US efforts for a Saudi normalization deal. https://www.jpost.com/middle-east/saudi-arabia-acknowledges-helping-defend-israel-against-iran-797201?dicbo=v2-INzoU0r

KUALA LUMPUR: Bursa Malaysia opened marginally higher as bargain hunters pushed stocks up after knee jerk selling yesterday.

At 9.11am, FTSE Bursa Malaysia (FBM) KLCI was up 0.14 per cent or 2.22 points to 1,537.22 versus Tuesday's close of 1,535.

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

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

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

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

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

hope hidden hand gang let go its stake in cheetah to uniqlo, etc. hehe

Cheetah, a Malaysian clothing brand, has established a strong reputation for quality in the sport and casual wear market. Here are some reasons why Cheetah could be considered as good as Uniqlo, a renowned Japanese fashion retailer:

Brand Recognition: Cheetah has been recognized with the SUPERBRAND 2005 award, highlighting its status as a leading homegrown brand in sports and casual wear.
Product Range: Cheetah offers a diverse range of products catering to various demographics, including sports apparel, casual wear, and children’s clothing, similar to Uniqlo’s wide product assortment.
Quality and Design: Cheetah emphasizes good quality fabrics and finishing, with modern and fashionable designs that appeal to consumers looking for stylish yet comfortable clothing.
Affordability: Both brands are known for providing good quality clothing at reasonable prices, making fashion accessible to a broader audience.
While Uniqlo is globally recognized for its innovative and high-quality fashion, Cheetah holds its ground in the Malaysian market with its commitment to quality, variety, and affordability. The comparison ultimately depends on individual preferences and the specific needs of consumers. However, both brands have succeeded in creating a loyal customer base by offering products that resonate well with their target audience.

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

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.

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.

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

• 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

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/

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..

hidden hand gang mau right issue, minta wang drp pemegang syer minoriti hehe

jika right issue tak jadi bagus... tengok pihak berkuasa akan menolak tak hehe