Posted by Good123 > 2024-04-25 06:56 | Report Abuse

Bursa Malaysia closed at a two-year high today with the key index rising 0.63 per cent, driven by a positive outlook on the local bourse and amid an upbeat performance by regional peers.

Posted by speakup > 2024-04-25 07:52 | Report Abuse

Buy Signal!

Posted by Good123 > 2024-04-26 06:50 | Report Abuse

Uptrend restarted

Posted by Good123 > 2024-04-26 06:51 | Report Abuse

Ya lah, buyback n take it private

Posted by Good123 > 2024-04-26 08:16 | Report Abuse

Investors started grabbing the shares... Check it out yah

Posted by Good123 > 2024-04-26 08:25 | Report Abuse

Up trend restarted?

2024-04-25 0.14 +0.01 (7.692%)
2024-04-24 0.13 0.00 (0.00%)
2024-04-23 0.13 0.00 (0.00%)
2024-04-22 0.13 +0.005 (4.00%)
2024-04-19 0.125 0.00 (0.00%)

Posted by Good123 > 2024-04-26 08:34 | Report Abuse

I follow this rising stock, low cap revival stock

Posted by Good123 > 2024-04-26 08:35 | Report Abuse

Funds flow back to Asia

Hong Kong Stocks Are Looking Hot Again as Chinese Money Pours In https://www.bloomberg.com/news/articles/2024-04-25/hong-kong-stocks-are-looking-hot-again-as-chinese-money-pours-in

Posted by Good123 > 2024-04-29 11:14 | Report Abuse

Premium properties unlike for B40 are recovering :)

Posted by Good123 > 2024-04-29 11:14 | Report Abuse

All markets in Asia are rising today check it out yah

Posted by Good123 > 2024-04-29 11:18 | Report Abuse

waiting for sudden surge for few sen hahaha

Posted by Good123 > 2024-04-29 11:25 | Report Abuse

The demand for higher-priced properties in Malaysia is influenced by a complex interplay of economic conditions, interest rates, inflation, construction material costs, infrastructure development, and supply and demand dynamics. It is important to note that these variables can differ greatly depending on the location and time.

Posted by Good123 > 2024-04-29 11:28 | Report Abuse

better late than never, yah!

Ho Hup Construction Co Bhd, a construction and property development company in Malaysia, can improve further by focusing on several key areas:

New Property Launches: Ho Hup can accelerate its profit growth by launching new property projects1. The company has better earnings visibility from its RM1.8 billion property project launches1. The main impact will be seen as the company launches new projects in Kota Kinabalu, Kulai, and Bukit Jalil1.
Expanding Property Development Division: Ho Hup can focus on expanding its property development division to generate profit and cash flow quickly2. The company owns a 60-acre commercial tract within the freehold Bandar Bukit Jalil township in Kuala Lumpur, which has a potential gross development value (GDV) of some RM1.75 billion over the next 8 to 10 years2.
Strategic Project Launches: The company can strategically launch its projects when the timing is right. For instance, with Bandar Bukit Jalil established over the years with an existing surrounding population, the timing could be right for launching the Jalil City project2.
Partnerships with Retailers: Ho Hup is in talks with several hypermarket retailers to set up shop on a 9.2-acre site in Jalil City2. This can enhance property values and attract more buyers.
Improving Financial Performance: Ho Hup can work on improving its financial performance. In the past, the company’s net profit fell, although its quarterly revenue climbed1. By focusing on profitable projects and efficient operations, the company can aim to improve its financial performance.
In conclusion, by focusing on new property launches, expanding its property development division, launching projects strategically, partnering with retailers, and improving financial performance, Ho Hup can improve further. These strategies can help the company to grow and succeed in the competitive construction and property development industry.

Posted by Good123 > 2024-04-29 11:31 | Report Abuse

good4hohup hehe

Property prices in Malaysia are expected to rise due to several factors:

Economic Growth: A strong economy can lead to increased demand for property, pushing up prices11. As the economy grows, people have more disposable income and are more likely to invest in property11.
Rising Construction Costs: Increasing construction costs are a significant factor contributing to rising property prices11. The cost of building materials such as steel and cement has been increasing11. This leads to higher construction costs, which are often passed on to the buyer, resulting in higher property prices11.
Inflation: We are currently in an inflationary environment that’s at a multi-year, multi-decade high due to supply chain bottlenecks and years of negative to low-interest rates24. Inflation pushes up the value of goods, including property24.
Land Prices: Land price increases widely depending on a range of factors such as land use, local planning regulations, proximity to main centres, whether it is serviced or has the underlying infrastructure, and so on35.
Urbanisation: With the city becoming more populated, new malls, schools, and other amenities are rapidly being built43. This means that apartments and houses are being built nearer to conveniently located amenities43.
Government Policies: Government policies can also affect property prices56. For example, import restrictions on specific construction materials, long-term development plans, the increase in petrol/diesel prices and electricity tariffs, and the imposition of a goods and services tax56.
In conclusion, better economic growth, rising construction costs, inflation, land prices, urbanisation, and government policies are some of the many factors contributing to the rise in property prices in Malaysia.

Posted by Good123 > 2024-04-29 11:37 | Report Abuse

Kulai, Bukit Jalil, and Kota Kinabalu are considered good potential areas for property investment due to several reasons:

Kulai: Kulai is expected to continue being the top destination for future investments in Johor due to its strategic location1. It has a world-class smart and sustainable development called Ibrahim Technopolis (Ibtec), the data centre hub of Sedenak Tech Park and Senai Airport City1. The state has introduced the Johor Fast Lane, which aims to streamline processes, cut red tape and reduce bureaucracy, making it easier for potential investors to receive swift approval for high-impact projects in the state1.
Bukit Jalil: Bukit Jalil offers some high-rise properties with decent rental yields and a strong potential for future growth234. It is easily accessible and well connected via an existing network of highways such as Bukit Jalil Highway, KESAS Highway and Maju Expressway as well as a vast network of roads3. Other main public transportations include Rapid KL Bus and LRT services via Awan Besar station3. More investors are seen in newer non-landed developments, as they foresee a price uptrend, given the suburb’s good accessibility and potential4.
Kota Kinabalu: It’s worth noting that Kota Kinabalu, the capital of Sabah, is known for its bustling tourism industry, retirement paradise and rich natural resources. These factors contribute to its potential as a property investment hotspot. The city’s ongoing development, improving infrastructure, and increasing connectivity make it an attractive location for property investors.
In conclusion, the strategic location, good infrastructure, accessibility, and potential for future growth make Kulai, Bukit Jalil, and Kota Kinabalu good potential areas for property investment.

Posted by Good123 > 2024-04-29 14:34 | Report Abuse

[1]: https://www.hohupgroup.com.my/ ""
[2]: https://phh-groups.com/about/ ""
[3]: https://www.hohupgroup.com.my/wp-content/uploads/pdf/HHCCB-AR2021.pdf ""

**Ho Hup Construction Company Berhad**, founded in 1960 by Mr. Low Chee, has established itself as one of the largest companies in construction and related services in Malaysia. Let's delve into why Ho Hup is known for its resilience:

1. **Diverse Capabilities**: Ho Hup brings together a comprehensive range of capabilities, including **building**, **civil engineering**, **specialized intelligent building**, **trading**, and related services. Their extensive fleet of modern construction equipment further enhances their ability to tackle diverse projects¹[1].

2. **National and International Projects**: Ho Hup has been significantly involved in **national projects** that have shaped Malaysia's landscape. These include iconic structures like the **Petronas Twin Towers**, the **National Sports Complex**, the **Kuala Lumpur International Airport (KLIA)**, the **Light Rail Transit System (LRT)**, and major highways¹[1]. Their contributions extend beyond Malaysia, with successful international projects in countries such as India, Madagascar, Mauritius, China, South Africa, Thailand, and Indonesia¹[1].

3. **Market Leadership**: As a market leader in Malaysia, Ho Hup plays a vital role in major engineering structures, civil engineering, dredging, road building, and infrastructure projects. Their involvement in both private and government sectors spans high-rise intelligent buildings, stadiums, airports, highways, bridges, railways, marine works, oil and gas projects, commercial developments, and deep foundation works¹[1].

4. **Transformation and Adaptation**: Ho Hup underwent a significant transformation in 2009, diversifying its activities into three main divisions: **property development**, **construction and civil engineering works**, and **ready mix**. This adaptability has contributed to its resilience over the years¹[1].

5. **Public Listing**: 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 strategic move expanded their market share and solidified their position as a resilient player in the industry¹[1].

In summary, Ho Hup's resilience stems from its diverse capabilities, involvement in significant projects, market leadership, adaptability, and strategic decisions. 🏗️🌟

Posted by Good123 > 2024-04-29 14:54 | Report Abuse

cheap, less than S$20mil :) the market cap now

5169 HOHUPHO HUP CONSTRUCTION COMPANY Detailed Status Active. Member of Indices Construction
ISINMYL5169OO007Stock ExchangeBMListed OnMain MarketSectorConstructionSub-SectorConstructionCurrencyMYRShares Per Lot100Share Issued518.260mPar Value-Paid Up Cap0.000Market Cap67.373m

Posted by Good123 > 2024-04-29 15:14 | Report Abuse

mau terbang dAH

buy 86%
SELL 14%
9 623,700 0.130 0.135 404,700 3
30 2,003,600 0.125 0.140 110,000 2
18 2,061,200 0.120 0.145 278,000 8
10 1,277,000 0.115 0.150 275,000 7
5 1,220,600 0.110 0.155 70,000 2

Posted by Good123 > 2024-04-29 15:17 | Report Abuse

bALIK 20SEN++ ANYTIME... WAIT N SEE

Date Price Open High Low Volume
2024-04-26 0.130 0.135 0.135 0.130 470,300
2024-04-25 0.140 0.135 0.140 0.130 888,700
2024-04-24 0.130 0.130 0.135 0.125 967,500
2024-04-23 0.130 0.130 0.135 0.125 674,300
2024-04-22 0.130 0.125 0.135 0.120 1,828,500
2024-04-19 0.125 0.125 0.130 0.125 805,900
2024-04-18 0.125 0.140 0.140 0.120 5,690,700
2024-04-17 0.135 0.135 0.145 0.135 223,300
2024-04-16 0.135 0.140 0.140 0.130 1,516,900
2024-04-15 0.140 0.160 0.160 0.140 4,630,000
2024-04-12 0.165 0.165 0.165 0.160 341,000
2024-04-09 0.170 0.165 0.170 0.165 380,200
2024-04-08 0.170 0.170 0.170 0.170 110,000
2024-04-05 0.170 0.170 0.175 0.170 560,500
2024-04-04 0.170 0.170 0.175 0.170 311,900
2024-04-03 0.175 0.180 0.180 0.170 825,200
2024-04-02 0.180 0.180 0.180 0.175 417,500
2024-04-01 0.180 0.185 0.185 0.180 431,900
2024-03-29 0.185 0.195 0.195 0.180 584,500
2024-03-27 0.195 0.175 0.195 0.170 1,051,300
2024-03-26 0.175 0.190 0.190 0.175 583,800
2024-03-25 0.190 0.205 0.220 0.190 3,014,100
2024-03-22 0.190 0.180 0.190 0.170 2,744,000
2024-03-21 0.175 0.175 0.185 0.165 3,187,000
2024-03-20 0.175 0.155 0.180 0.155 8,634,900
2024-03-19 0.150 0.140 0.150 0.130 9,045,900
2024-03-18 0.135 0.125 0.135 0.120 6,905,900
2024-03-15 0.125 0.155 0.155 0.125 6,236,600
2024-03-14 0.155 0.155 0.160 0.155 511,700
2024-03-13 0.155 0.155 0.160 0.150 476,300
2024-03-12 0.155 0.155 0.155 0.150 905,900
2024-03-11 0.155 0.165 0.165 0.155 768,100
2024-03-08 0.165 0.175 0.175 0.165 239,800
2024-03-07 0.175 0.165 0.175 0.165 62,800
2024-03-06 0.165 0.170 0.175 0.165 561,600
2024-03-05 0.180 0.175 0.180 0.170 90,700
2024-03-04 0.180 0.180 0.180 0.170 92,800
2024-03-01 0.175 0.190 0.190 0.165 1,496,600
2024-02-29 0.195 0.195 0.195 0.195 0
2024-02-28 0.195 0.195 0.200 0.195 160,000
2024-02-27 0.190 0.195 0.195 0.190 150,000
2024-02-26 0.195 0.195 0.200 0.195 126,700
2024-02-23 0.200 0.205 0.205 0.195 277,500
2024-02-22 0.200 0.210 0.210 0.190 1,796,600
2024-02-21 0.215 0.215 0.215 0.210 290,600
2024-02-20 0.220 0.220 0.220 0.220 5,000
2024-02-19 0.210 0.210 0.215 0.210 64,500
2024-02-16 0.215 0.215 0.215 0.215 68,500
2024-02-15 0.210 0.215 0.215 0.210 37,000
2024-02-14 0.215 0.220 0.220 0.215 32,000
2024-02-13 0.210 0.210 0.210 0.205 87,200
2024-02-09 0.210 0.210 0.210 0.210 30,000
2024-02-08 0.210 0.210 0.210 0.210 25,000
2024-02-07 0.210 0.205 0.210 0.205 46,200
2024-02-06 0.210 0.210 0.210 0.210 0
2024-02-05 0.210 0.210 0.210 0.210 128,500
2024-02-02 0.210 0.220 0.220 0.210 542,700
2024-01-31 0.225 0.220 0.225 0.220 20,000
2024-01-30 0.220 0.225 0.225 0.220 74,000

Posted by Good123 > 2024-04-29 15:25 | Report Abuse

Let’s explore the Sabah-MM2H program, which is an exciting initiative for those considering Malaysia as their second home. Here are the key details:

Sabah-MM2H Overview:
The Sabah-Malaysia My Second Home (Sabah-MM2H) program is expected to be implemented in Sabah (one of the states in Malaysia) by next month1.
The program allows foreigners to reside in Sabah on a long-term basis.
The state government has approved several amendments to the program, and once these are gazetted, the terms and conditions will be posted on the program’s website for potential applicants1.
Sabah’s MM2H program aims to attract individuals who wish to enjoy the state’s natural beauty, cultural diversity, and warm hospitality.
Eligibility and Requirements:
The eligibility criteria and requirements for Sabah-MM2H are likely to align with the federal MM2H program but may have specific variations for Sabah.
Participants must meet financial thresholds, demonstrate liquid assets, and fulfill other conditions similar to the federal program.
The age limit for participation in Sabah-MM2H is 30 years and above2.
Participants will be allowed to sell their properties after five years, provided they reinvest in a new home valued at no less than RM600,0002.
Why Sabah-MM2H?:
Sabah offers a unique blend of pristine rainforests, stunning islands, and vibrant cultural experiences.
Participants can explore Sabah’s rich biodiversity, enjoy outdoor activities, and immerse themselves in the local culture.
The program aims to contribute to Sabah’s economic growth and promote sustainable tourism.
For more detailed and up-to-date information, I recommend visiting the official Sabah-MM2H program website1. If you’re interested in participating, keep an eye out for the official guidelines and application process once they are finalized. Sabah welcomes you to explore its natural wonders and make it your second home! 🌴🏠

For further inquiries, you can also reach out to the Sabah Tourism Board (STB) or visit the official Malaysian Immigration Department website3 .

Posted by Good123 > 2024-04-29 15:28 | Report Abuse

Stochastic(14) Oversold 20.0
Average Volume (3M) 1,224,200
Relative Volume 0.8

Posted by Good123 > 2024-04-29 15:29 | Report Abuse

52w 0.120 - 0.330
NTA 0.6600
P/B 0.20
RPS 36.15
PSR 0.36
Market Cap 67.4M
Shares (mil) 518.26

Posted by Good123 > 2024-04-29 15:34 | Report Abuse

Let’s explore how the East Coast Rail Line (ECRL) extension and other rail projects like MRT and LRT can benefit Ho Hup Construction Company Bhd:

ECRL Extension:
The decision to extend the original ECRL alignment from 640km to 665km is a significant move.
The extension connects the ECRL to both North Port and West Port in Malaysia.
Without this extension, the ECRL had no direct connection to any port, resulting in freight cargoes having to stop at Jalan Kastam before being transported by trucks or transhipped by KTM trains.
The new alignment optimizes rail usage and ensures efficient cargo services.
For Ho Hup, involvement in ECRL construction provides business opportunities and contributes to Malaysia’s economic growth1.
MRT and LRT:
While the ECRL primarily serves as a cargo route, urban rail systems like MRT and LRT focus on passenger transportation within cities.
Ho Hup’s participation in MRT and LRT projects can have several advantages:
Business Diversification: Involvement in different rail projects diversifies Ho Hup’s portfolio and revenue streams.
Infrastructure Expertise: Rail projects require specialized construction expertise, and Ho Hup’s experience in infrastructure development positions it well.
Long-Term Contracts: MRT and LRT projects typically span several years, providing stable income for construction companies.
Economic Impact: Urban rail systems enhance connectivity, reduce traffic congestion, and boost local economies.
Local Job Creation: Construction projects create jobs and stimulate economic activity.
Positive Reputation: Successful completion of rail projects enhances a company’s reputation and attracts more contracts.
ECRL Section 6:
Ho Hup received Letters of Acceptance (LOAs) for the engineering, procurement, construction, and commissioning of ECRL Section 6 works.
These works involve the construction and completion of subgrade, drainage, and culvert components.
The project duration is 30 months, starting from June 15, 2020.
By participating in ECRL Section 6, Ho Hup contributes to Malaysia’s rail infrastructure and strengthens its position in the construction industry234.
In summary, Ho Hup’s involvement in rail projects like ECRL, MRT, and LRT not only drives business growth but also contributes to Malaysia’s development and connectivity. 🚄🏗️🌆

Posted by Good123 > 2024-04-29 15:36 | Report Abuse

Let’s explore how the High-Speed Rail (HSR) project, if restarted, could benefit Ho Hup Construction Company Bhd:

ECRL Railway Project:
Ho Hup secured two contracts for ECRL Section 6 works, totaling RM102 million in June 20201.
The ECRL project is part of Ho Hup’s mission to expand its Infrastructure division and enhance its ability to tender for new projects.
Involvement in rail infrastructure projects like ECRL provides several advantages:
Business Diversification: Participation in different rail projects diversifies Ho Hup’s portfolio and revenue streams.
Expertise: Rail projects require specialized construction skills, and Ho Hup’s experience positions it well.
Long-Term Contracts: Rail projects typically span several years, ensuring stable income.
Economic Impact: Rail infrastructure stimulates economic growth and connectivity.
Local Job Creation: Construction projects contribute to job opportunities.
Positive Reputation: Successful rail project completion enhances Ho Hup’s reputation and attracts more contracts.
Potential HSR Benefits:
If the Kuala Lumpur-Singapore High-Speed Rail (HSR) project is restarted, Ho Hup could benefit in several ways:
Contract Opportunities: Ho Hup could participate in the construction of HSR stations, tracks, and related infrastructure.
Revenue Generation: HSR projects involve substantial investment, creating revenue streams for construction companies.
Skills Enhancement: Working on a high-speed rail project would enhance Ho Hup’s expertise in large-scale transportation infrastructure.
Economic Boost: HSR stimulates economic activity, tourism, and regional development.
Collaboration: Ho Hup could collaborate with other firms in consortiums bidding for the HSR project2.
Overall Industry Outlook:
The Malaysian construction industry remains buoyant, with significant projects offered in the first quarter of this year.
Negotiations for other rail projects, such as the Penang Mutiara Light Rail Transit (LRT), are ongoing.
Progress is evident in East Malaysia, with work packages under the Pan Borneo Sabah Highway already awarded2.
In summary, Ho Hup’s involvement in rail infrastructure projects, including the potential HSR, contributes to Malaysia’s development and strengthens the company’s position in the construction sector. 🚄🏗️🌆

Posted by Good123 > 2024-04-29 15:40 | Report Abuse

HOHUP, SYARIAH STOK

Market Cap69.965mEntitlement-SyariahYes

Posted by Good123 > 2024-04-29 15:49 | Report Abuse

HOHUP CAN BE SOLD TO THOSE CONTRACTORS FROM CHINA INVOLVED IN ECRL CONSTRUCTION EASILY.THEY MIGHT NEED A plc FOR EXPANSION IN THE REGION. HOPE THE FOUNDER LET IT GO :0

Posted by Good123 > 2024-04-29 16:46 | Report Abuse

cool, rising in stages again
Time Price Chg Vol
15:35:36 0.135 +0.005 23,000

Posted by Good123 > 2024-04-29 17:31 | Report Abuse

Surging demand for properties b4 inflation goes higher.. :)




Hong Leong Investment Bank (HLIB) Research economist Felicia Ling, who thinks subsidy rationalisation will still happen this year, estimates that RON95 should be at about RM3.31 per litre (RM1.26 above the current RM2.05 pump price) while diesel should be around RM3.41 per litre (RM1.26 above the current RM2.15 pump price) based on average prices year to date.


https://www.klsescreener.com/v2/news/view/1316687

Posted by Good123 > 2024-04-30 07:45 | Report Abuse

13.5sen dah. C u 15-20sen

Posted by Good123 > 2024-04-30 08:28 | Report Abuse

Semua dah declared mau :)

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

Posted by Good123 > 2024-04-30 08:42 | Report Abuse

Agm is otw, setiap director beli syer, melambung :)

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

Posted by Good123 > 2024-04-30 09:44 | Report Abuse

Directors are generally encouraged to conduct their dealings in securities during the trading window period and recommended to refrain from dealing during the closed period1. The closed period is a period commencing 30 calendar days before the targeted date of announcement up to the date of the announcement of the quarterly results12. This is to minimize the risk of contravening the laws against insider trading1.

However, if an exceptional situation arises that compels the director to deal during the closed period, strict observance of the procedures is mandatory1. This could be seen as a positive sign for a few reasons:

Confidence in the Company: If a director is buying shares during the closed period, it could signal their confidence in the company’s performance and future prospects. It shows that they believe the company’s stock is undervalued and expect it to perform well.
Alignment of Interests: When directors own shares in their company, their interests are more closely aligned with those of the shareholders. They have a personal stake in the company’s success, which can lead to better decision-making.
Positive Signal to the Market: Directors trading shares (especially buying) can send a positive signal to the market, potentially leading to increased investor confidence and a rise in the company’s share price.

Posted by Good123 > 2024-04-30 10:30 | Report Abuse

change of major shareholders probably coming\\

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

Posted by Good123 > 2024-04-30 10:30 | Report Abuse

old exits new enters bagus,,, revival4hohup

Posted by Good123 > 2024-04-30 12:58 | Report Abuse

Mgmt buyout pun ok...

Posted by Good123 > 2024-04-30 14:01 | Report Abuse

good, higher trading activity...Bursa Malaysia Bhd is cautiously optimistic of meeting its headline key performance indicators for the year amid positive trading momentum in the first quarter ended March 31, 2024.

Posted by Good123 > 2024-04-30 14:10 | Report Abuse

KUALA LUMPUR (April 30): The average price for new apartments in Kuala Lumpur (KL) has surged to RM582,887, which is seen as surpassing the national average and setting a new benchmark in the industry, according to the real estate technology group Juwai IQI.

Meanwhile, the average sub-sale price of houses across Malaysia in the first quarter of 2024 was RM521,614, Juwai IQI said. Both average prices of new apartments in KL and the sub-sale price of homes in Malaysia were slightly higher than the average National Property Information Centre's (Napic) price of RM467,144 in 2023, Juwai said.

New homes in KL are more affordable with an average price of RM708,462, as compared to sub-sale homes in KL with an average price of RM801,557, said Juwai IQI co-founder and group chief executive officer Kashif Ansari in a statement on Tuesday.

“After KL, the three most expensive states for sub-sale homes are Sarawak, Sabah and Johor. The next three most expensive states for new home sales are Johor, Sabah and Kedah,” he said.

Terengganu is the least expensive place for sub-sale homes, with an average price of RM293,714, followed by Perak, Kedah and Pahang.

Melaka, on the other hand, was the least expensive for new units with an average price of RM305,463, followed by Pahang, Perak and Kelantan.

“Most purchases occur in the lower price ranges. Just over half of new unit buyers paid RM500,000 or less in the first quarter (of 2024). Only about one-quarter of buyers paid more than RM750,000 for their new unit. In the sub-sale market, you see a similar distribution, with nearly half of buyers spending RM500,000 or below,” he said.

Meanwhile, the average interest rate for a new housing loan was 4.2% at the end of the year, Kashif said, citing Bank Negara Malaysia (BNM).

“If a buyer puts down RM30,000 on a RM300,000 home, their monthly mortgage expense would be RM1,228 per month. That makes buying an affordable home significantly cheaper than the average rental, which is RM1,975. Buying an affordable home would save you RM747 per month, compared to paying the average rent,” he added.

Posted by Good123 > 2024-04-30 14:44 | Report Abuse

If 2nd gen tak mau takeover, mgmt buyout or exit & Jualkan semua syer, terbaik

Posted by Good123 > 2024-04-30 16:06 | Report Abuse

Buy sell among retailers, then sudden surge hehe wait n see yah

Posted by Good123 > 2024-05-01 07:28 | Report Abuse

Good to buy back, nta 66sen :)

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

Posted by Good123 > 2024-05-01 07:29 | Report Abuse

Good

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING HO HUP CONSTRUCTION COMPANY BERHAD ("HO HUP" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL ISSUED ORDINARY SHARES IN HO HUP ("PRIVATE PLACEMENT")
HO HUP CONSTRUCTION COMPANY BHD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description HO HUP CONSTRUCTION COMPANY BERHAD ("HO HUP" OR THE "COMPANY")

PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL ISSUED ORDINARY SHARES IN HO HUP ("PRIVATE PLACEMENT")
Reference is made to the announcements dated 25 September 2023, 18 October 2023, 27 October 2023, 14 November 2023 and 27 November 2023.



On behalf of the Board of Directors of Ho Hup, M&A Securities Sdn Bhd wishes to announce that the implementation time period for the Private Placement has expired. As only one tranche of the Private Placement was implemented and no application was sought for an extension of the implementation time period, the Private Placement is deemed completed.



This announcement is dated 29 April 2024.





Announcement Info
Company Name HO HUP CONSTRUCTION COMPANY BHD
Stock Name HOHUP
Date Announced 29 Apr 2024
Category General Announcement for PLC
Reference Number GA1-29042024-00086

Posted by Good123 > 2024-05-01 07:30 | Report Abuse

Timely, excellent
Annual Report & CG Report
HO HUP CONSTRUCTION COMPANY BHD

Annual Report for Financial Year Ended 31 Dec 2023
Subject Annual Report & CG Report - 2023


Please refer attachment below.

Attachments
HHCCB - Annual Report 2023.pdf
2.0 MBHHCCB - CG Report.pdf
570.9 kB

Announcement Info
Company Name HO HUP CONSTRUCTION COMPANY BHD
Stock Name HOHUP
Date Announced 30 Apr 2024
Category Document Submission
Reference Number DCS-30042024-00109

Posted by Good123 > 2024-05-01 07:32 | Report Abuse

We anticipate that FYE 2024 will remain equally challenging but are optimistic that our property development projects, namely Flex @ Bukit Jalil and The Crown, Kota Kinabalu will be able to generate the necessary cashflow and profitability and coupled with our recent restructuring initiatives focusing on de-gearing our balance sheet, FYE 2024’s financial results is expected to be better than FYE 2023.

Source: annual report 2023

Posted by Good123 > 2024-05-01 07:34 | Report Abuse

Hurray!

OPErATiNG ENVirONMENT As mentioned earlier, during the year, several corporate restructuring exercises and fund raising were undertaken. These included the following: 1. 5 September 2023 - Disposed our investment in Ho Hup Dagang Jaya Sdn Bhd. With this disposal, the Group will no longer be the property developer for the Dagang Jaya project, hence reducing its cashflow exposure and will enable the Group to focus on its main projects in Flex @ Bukit Jalil and The Crown, Kota Kinabalu. 2. 15 August 2023 - the Company announced a Private Placement (“PP”) exercise of up to 49,486,000 new ordinary shares in Ho Hup to independent third-party investors. Bursa Malaysia Securities Berhad had approved the listing of and quotation for the new ordinary shares in Ho Hup (“Placement Shares”) on 27 October 2023. This private placement was subsequently priced at RM0.235 per Placement Share, and, on 28 November 2023, 23,400,000 new Shares @ RM0.235 was listed, generating approximately RM5.5 million. 3. 21 November 2023 – The Group reduced its shareholding in Ho Hup Ventures (Johor) Sdn Bhd from 75.00% to 24.99%. With this exercise, the Group has ceased to be the land owner and property developer for Laman Iskandaria, Kulai project. As a result of this dilution, the Group was able to reduce its bank borrowings by approximately RM97 million. The above activities had effectively reduced the Group’s gearing ratio from 1.57 times in FYE 2022 to 1.49 times at the end of FYE 2023. The reduced financial exposure will enable the Group to focus more on its main projects namely Flex @ Bukit Jalil (launched during the second quarter of 2023) and The Crown, Kota Kinabalu which has a combined Gross Development Value (“GDV”) of RM1.6 billion.

Posted by Good123 > 2024-05-01 07:36 | Report Abuse

To date, our Flex @ Bukit Jalil in Bukit Jalil (a project with an estimated GDV of RM1.0 billion) have launched SOVO with its GDV of RM297 million and has recorded sales of 33.0% of the total units available while for The Crown, Kota Kinabalu project (estimated GDV of RM600 million) sales are 74.0% of total units available.

Posted by Good123 > 2024-05-01 07:37 | Report Abuse

GrOUP BUSiNESS ACTiViTiES During FYE 2023, the Group carried out a restructuring and rationalisation exercise with the purpose of improving our business operations, optimising asset allocation as well as de-gearing our balance sheet. As part of our efforts, we disposed our Dagang Jaya project in the third quarter and towards year-end, ceased to be the developer of the Laman Iskandaria, Kulai project. Following this, we will focus on the areas below: CORE BUSINESS DIVISION Construction Building Materials Property Development Property Management and Retail BUSINESS STRATEGIES Emphasis on improving operational efficiency and stringent cost control Seek opportunities in the public infrastructure projects to achieve break-even level Focus on our newly launched mixed development project in Bukit Jalil and expedite the development of the hotel and service apartments in Kota Kinabalu. Grow occupancy rate and to improve rental collections to strengthen overall cash management and profitability.

Posted by Good123 > 2024-05-01 07:38 | Report Abuse

Rebound is otw :)

SHArE PriCE PErFOrMANCE Year High (sen) Year Low (sen) Year Close (sen) Trading Volume (no.) Financial Year 2023 Financial Year 2022 0.31 0.23 0.35 Financial Year 2021 0.50 0.24 0.25 39.2 million Market Capitalisation (as at the financial year end) RM129.6 million 0.29 127.2 million RM126.2 million 0.29 0.30 191.4 million RM150.9 million

Posted by Good123 > 2024-05-01 07:40 | Report Abuse

LIST OF THIRTY LARGEST ORDINARY SHAREHOLDERS according to the Record of Depositors as at 12 April 2024 No. of Name Shares Held % 1. AmSec Nominees (Tempatan) Sdn Bhd 58,392,500 11.27 Pledged Securities Account for Ambank (M) Berhad for Omesti Holdings Berhad (SMART) 2. Gryphon Asset Management Sdn Bhd 52,645,250 10.16 3. RHB Nominees (Tempatan) Sdn Bhd 39,079,258 7.54 Pledged Securities Account for Low Chee Group Sdn Bhd 4. Lee Fook Yuen 26,141,900 5.04 5. Inter-Pacific Equity Nominees (Tempatan) Sdn Bhd 25,500,000 4.92 Exempt an for Inter-Pacific Asset Management Sdn Bhd 6. Affin Hwang Nominees (Asing) Sdn Bhd 18,744,800 3.62 Pledged Securities Account for Mettiz Capital Limited 7. Cartaban Nominees (Tempatan) Sdn Bhd 17,000,000 3.28 RHB Trustees Berhad for Kenanga Islamic Absolute Return Fund 8. M&A Nominee (Asing) Sdn Bhd 15,060,000 2.91 Montego Assets Limited 9. Low Chee Group Sdn Bhd 11,033,774 2.13 10. M&A Nominee (Tempatan) Sdn Bhd 8,850,000 1.71 Pledged Securities Account for Chan Chee Hong (M&A) 11. Low Tuck Choy 6,817,500 1.32 12. Kenanga Nominees (Tempatan) Sdn Bhd 5,856,300 1.13 Pledged Securities Account for Mary Anne Woon Lai Kheng 13. RHB Nominees (Tempatan) Sdn Bhd 5,679,000 1.10 Pledged Securities Account for Low Tuck Choy 14. Chan Kong Yew 5,527,000 1.07 15. Kok Yew Fatt 5,218,000 1.01 16 M & A Nominee (Asing) Sdn Bhd 5,000,000 0.96 For Winfields Development Pte. Ltd. 17. Toh Chai Hoon 4,652,000 0.90 18. Hooi Yoke Lin 4,000,000 0.77 19. Phillip Nominees (Tempatan) Sdn Bhd 3,785,000 0.73 Pledged Securities Account For Tan Siew Booy 20. Yap Siew Bee 3,674,500 0.71 21. Loh Kok Wai 3,615,900 0.70 22. CGS International Nominees Malaysia (Tempatan) Sdn Bhd 3,607,400 0.70 Pledged Securities Account for Kwan Siew Deeg (MY4676) 23. Maybank Nominees (Tempatan) Sdn Bhd 3,525,554 0.68 Maybank Private Wealth Management for Mohamed Nizam Bin Abdul Razak
24. Yahya Bin Razali 3,300,000 0.64 25. Maybank Nominees (Tempatan) Sdn Bhd 2,831,500 0.55 Pledged Securities Account for Monteiro Gerard Clair 26. Lim Chau Liang 2,451,700 0.47 27. RHB Capital Nominees (Tempatan) Sdn Bhd 2,411,300 0.47 Pledged Securities Account for Low Choon Chong 28. Young Lee Lee 2,260,000 0.44 29. AmSec Nominees (Tempatan) Sdn Bhd 2,203,000 0.43 Pledged Securities for Yap Siew Bee (MX3809) 30. Tok Soon Hing 2,200,000 0.43 Total 351,063,136 67.74

Posted by Good123 > 2024-05-02 08:43 | Report Abuse

The value of hohup's assets should rise further as inflation accelerates this year and in 2025.

Posted by Good123 > 2024-05-02 08:44 | Report Abuse

Rising property prices due to inflation coming


Anwar: Putrajaya will keep eye on inflation rate following civil service pay hike:: https://theedgemalaysia.com/node/710042