Today almost 0.4M shares available at 0.215. Wonder who is trying to sell at this price. Can someone please tell me if the private placement at 0.235 sold or abandoned??
look like a fail private placement only about half of the available PP taken ...since then the balance just hanging in thin air...lost making company even the salary to be paid from private placement...?!!
worst ever lost about rm60m...tomorrow down to 10cent ??..no wonder no body want to take the rest of PP...the one that taken PP earlier probably need to take a lot of panadol....
There is some play on this quiet stock. Holding plenty of stock at a big premium. To break even would be my lucky day. Understood that the private placement flogged. rising for the past 2-3 days with some volume. Is something brewing quietly??
Buy hohup nta 66sen retained earnings rm150-200mil. Can pay dividend, target for takeover at current cheap price.. contruction sektor to recover ... hohup will boom again buy
In an effort to expand and grow its construction operation, Ho Hup acquired a new subsidiary, Nippon Awanatech Sdn Bhd. This move aligns with their strategy to enhance their footprint in the construction industry.
Ho Hup Construction Company Berhad, co-founded in 1960, has been a significant player in Malaysia's construction industry. They have a comprehensive range of capabilities in building, civil engineering, specialized intelligent building, trading, and related services.
Some of their notable projects include: - **Petronas Twin Towers** - **National Sports Complex** - **Kuala Lumpur International Airport (KLIA)** - **Light Rail Transit System (LRT)** - **Malaysia – Singapore second crossing** - **Major highways**
They have also completed numerous projects in the private and government sectors for high-rise intelligent buildings, stadiums, airports, highways & bridges, railways & light rapid transit, offshore marine works, oil & gas works, commercial building development, deep foundation works, and more.
For a detailed list of their projects, you can visit their official website or the "Our Projects" page which highlights the work executed at the projects that have contributed to shaping their history.
On 14 November 2023, the Company had fixed the issue price of the first tranche of the Placement Shares at RM0.235 per Placement Share to be issued pursuant to the Private Placement, representing a discount of approximately RM0.0243 or approximately 9.37% to the 5-day volume weighted average market price of Ho Hup Shares from 6 November 2023 to 10 November 2023 of RM0.2593. On 28 November 2023, the 23,400,000 new Shares @ RM0.2350 has been listed
LIST OF THIRTY LARGEST ORDINARY SHAREHOLDERS according to the Record of Depositors as at 31 March 2023 No. of Name Shares Held % 1. AmSec Nominees (Tempatan) Sdn Bhd 56,576,900 11.43 Pledged Securities Account for Ambank (M) Berhad for Omesti Holdings Berhad (SMART) 2. RHB Nominees (Tempatan) Sdn Bhd 54,079,258 10.93 Pledged Securities Account for Low Chee Group Sdn Bhd 3. Gryphon Asset Management Sdn Bhd 52,645,250 10.64 4. Lee Fook Yuen 21,020,900 4.25 5. Affin Hwang Nominees (Asing) Sdn Bhd 18,744,800 3.79 Pledged Securities Account for Mettiz Capital Limited 6. Cartaban Nominees (Tempatan) Sdn Bhd 17,000,000 3.44 Pledged Securities Account for Kenanga Islamic Absolute Return Fund 7. M&A Nominee (Asing) Sdn Bhd 15,060,000 3.04 Montego Assets Limited 8. Low Chee Group Sdn Bhd 11,033,774 2.23 9. Kenanga Nominees (Tempatan) Sdn Bhd 9,000,000 1.82 Pledged Securities Account for Mary Anne Woon Lai Kheng 10. M&A Nominee (Tempatan) Sdn Bhd 8,850,000 1.79 Pledged Securities Account for Chan Chee Hong (M&A) 11. Low Tuck Choy 6,817,500 1.38 12. RHB Nominees (Tempatan) Sdn Bhd 5,679,000 1.15 Pledged Securities Account for Low Tuck Choy 13. Chan Kong Yew 5,527,000 1.12 14. M & A Nominee (Asing) Sdn Bhd 5,000,000 1.01 For Winfields Development Pte. Ltd. 15. Kwan Siew Deeg 4,642,600 0.94 16. Toh Chai Hoon 4,642,000 0.94 17. Phillip Nominees (Tempatan) Sdn Bhd 4,271,900 0.86 Pledged Securities Account For Tan Siew Booy 18. Hooi Yoke Lin 4,000,000 0.81 19. Inter-Pacific Equity Nominees (Tempatan) Sdn Bhd 3,989,300 0.81 Pledged Securities Account for Kok Tiu Wan 20. Yap Siew Bee 3,800,000 0.77 21. Maybank Nominees (Tempatan) Sdn Bhd 3,525,554 0.71 Maybank Private Wealth Management for Mohamed Nizam Bin Abdul Razak 22. Maybank Nominees (Tempatan) Sdn Bhd 2,831,500 0.57 Pledged Securities Account for Monteiro Gerard Clair 23. Lim Chau Liang 2,451,700 0.50 24. RHB Capital Nominees (Tempatan) Sdn Bhd 2,411,300 0.49 Pledged Securities Account for Low Choon Chong 25. Young Lee Lee 2,260,000 0.46 26. AmSec Nominees (Tempatan) Sdn Bhd 2,203,000 0.45 Pledged Securities for Yap Siew Bee (MX3809) 27. AmSec Nominees (Tempatan) Sdn Bhd 2,053,000 0.41 Pledged Securities Account for Ahamad Aminnurdin Bin Dinyati 28. Tiong Nam Logistics Holdings Berhad 2,000,000 0.40 29. AmSec Nominees (Tempatan) Sdn Bhd 1,854,600 0.37 Pledged Securities for Mok E. King 30. Lim Lai An 1,650,000 0.33
Construction is a prime area in which Ho Hup Construction Company Berhad (“HOHUP”) has vast experience in. Through its wholly-owned subsidiaries HOHUP’s specialty in the construction sector includes an array from infrastructure, building construction, engineering, earthworks, highway and road works, railway, bridges, dams, steel pipelines, reservoirs, water treatment plants, sports complexes, drainage works, foundation and engineering, building works, quarry operations, manufacturing and oil & gas works.
The company forayed into this sector with as much fervour as it did with its other divisions. Hence, it is inherent that the extensive list of successfully completed projects is nothing short of remarkable.
From the construction of buildings, highways, roads, dams, and many other projects, the company’s professional work ethic and constant close monitoring, by the on-site and off-site management team, to keep track of the work-in-progress ensures the successful completion of each and every project it undertakes.
Amalgamate all these with HOHUP’s standards upkeep on quality and wide knowledge in this field places the company above and gives it an edge over many other construction companies.
HOHUP was certified ISO 9001 : 2000 (Provision of Construction Management and Services for Building and Civil Engineering Works).
HOHUP’s current business model for the construction division is to focus on project management and provision of technical expertise. HOHUP’s new management team has adopted a conservative approach for undertaking projects with well-defined and well managed risks, supported by strong internal controls and transparent processes. This includes overseeing projects, considering and assessing the risks for all projects on a case-to case basis.
In sourcing for new projects, HOHUP secured two ECRL railway project for Section 6 for a total of RM102 million in June 2020. The projects are part of its mission to expand its Infrastructure division and increase its ability to tender for new projects.
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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....
ding dong
1,870 posts
Posted by ding dong > 2021-08-23 22:55 | Report Abuse
10cent