HO HUP CONSTRUCTION COMPANY

KLSE (MYR): HOHUP (5169)

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Last Price

0.17

Today's Change

0.00 (0.00%)

Day's Change

0.17 - 0.17

Trading Volume

177,700


13 people like this.

6,008 comment(s). Last comment by papakuching 2 weeks ago

Good123

26,519 posts

Posted by Good123 > 2024-05-15 09:30 | Report Abuse

Mungkin balik 20-30sen at least.... Just keep.... USAh jual murah kini

Good123

26,519 posts

Posted by Good123 > 2024-05-15 16:23 | Report Abuse

retained earning RM162mil++ flex project stopped and land sold to exsim, so much free cash flow, can use to do share buyback.... should buy as many shares as possible b4 MGO or any takeover offers, etc haha

Good123

26,519 posts

Posted by Good123 > 2024-05-16 15:34 | Report Abuse

buy-sell, till cukup, then surge and announce news kan? wait n see je... tunggu june.. agak sunyi kini

Good123

26,519 posts

Posted by Good123 > 2024-05-17 11:44 | Report Abuse

Q1,2024 jika ok, lagi bagus, boleh terbang serta merta haha

Good123

26,519 posts

Posted by Good123 > 2024-05-17 11:45 | Report Abuse

Tengok directors ada sapu syer dr pasaran tak? memerhati ya... selain pengumuman, dll good luck

Good123

26,519 posts

Posted by Good123 > 2024-05-17 16:17 | Report Abuse

Q1,2024 results belum release ... tak lama lagi

Posted by henrytheblack189 > 2024-05-17 20:43 | Report Abuse

Weekly have engulfing candle.daily have 3 white candle...it look like to make double bottom pattern..it is sign of uptrend..

Good123

26,519 posts

Good123

26,519 posts

Posted by Good123 > 2024-05-20 09:31 | Report Abuse

*Market Update - Retail (200524)*
From Jack Goh, UOBKH

- *Malaysian equity market sustaining its bull run 🐂last week,* in tandem with solid performance from global indexes. To note, *Hang Seng Index* is approaching the 20k mark after rebounding >25% from its 15 years-low of 15k in early Jan. Meanwhile, *Dow Jones Index* achieved record high 40k mark last Thursday.

- *Another indicator that market sentiment and interest have been improving📈,* is that average daily value *(ADV) exceeding RM4b for 3 days last week (Wed-Friday).* To note, Bursa’s average ADV was only RM2.1b in 2023, RM2.9b in 1Q24, RM3.4b in May. *We’ve upgraded Bursa MK target price to RM8.76 last week

Good123

26,519 posts

Posted by Good123 > 2024-05-20 12:04 | Report Abuse

Just take it private, restructure, etc relist elsewhere pun ok

Good123

26,519 posts

Posted by Good123 > 2024-05-20 14:27 | Report Abuse

Net assets per share 66sen. Now 14sen, just invite the cash rich friends to inject n relist after privatisation... Easier for financial engineering etc

Good123

26,519 posts

Posted by Good123 > 2024-05-20 15:00 | Report Abuse

2 mil shares ++ disapu... Hehe

Good123

26,519 posts

Posted by Good123 > 2024-05-21 08:14 | Report Abuse

Mau jual, dah, tinggal yg mau beli .. 14sen dah clear... 14.5sen & ke atas, tengok clear tak

Good123

26,519 posts

Posted by Good123 > 2024-05-21 08:39 | Report Abuse

NTA 66sen, Current price14sen, Market Cap ... Offer price to take hohup private, say, 28sen, hanya ~RM150mil haha wait n see... better to take it private.... restructure quietly, relist at a much higher value later.

75 Million

NOSH

518 Million

Exsim purchased a piece of land at RM100mil++

Good123

26,519 posts

Posted by Good123 > 2024-05-21 08:40 | Report Abuse

hohup has many assets particularly in Bukit Jalil KL yg belum dinilai semula ya.

Good123

26,519 posts

Posted by Good123 > 2024-05-21 08:42 | Report Abuse

Ho Hup Construction Company Berhad, also known as HOHUP (5169), is a well-known construction company in Malaysia¹². It has been involved in numerous national projects, including:

- **Petronas Twin Towers**: Ho Hup was involved in the construction of the iconic Petronas Twin Towers, a symbol of Kuala Lumpur’s skyline¹².
- **National Sports Complex**: The company contributed to the development of sports facilities in Malaysia¹².
- **Kuala Lumpur International Airport (KLIA)**².
- **Light Rail Transit System (LRT)**².
- **Malaysia –Singapore second crossing**².

In addition to these major projects, 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 works and many more².

The company also owns a quarry business in Taboh Naning, Alor Gajah, Melaka, which caters to the demand for quarry products from the infrastructure development and construction activities in Melaka, southern Negeri Sembilan, and northern Johor⁴.

On 25th February 1991, Ho Hup Construction Company Berhad gained access to the main board of Bursa Malaysia through an Initial Public Offering (IPO)². This significant step has led to greater access to market share and the birth of the name of Ho Hup Construction Company Berhad².

Good123

26,519 posts

Posted by Good123 > 2024-05-21 09:26 | Report Abuse

15sen, mgo, takeover, privatisation, etc. See yah

Good123

26,519 posts

Posted by Good123 > 2024-05-21 09:27 | Report Abuse

Not many shares in the open market

Good123

26,519 posts

Posted by Good123 > 2024-05-21 09:27 | Report Abuse

Surging nampaknya

Good123

26,519 posts

Posted by Good123 > 2024-05-21 09:28 | Report Abuse

Awal lagi, ~2mil shares traded... Hot stok

Good123

26,519 posts

Posted by Good123 > 2024-05-21 09:30 | Report Abuse

Agm 30 may 2024... Big big news kot

Good123

26,519 posts

Posted by Good123 > 2024-05-21 09:30 | Report Abuse

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 Record of Depositors: 23/05/2024
Outcome of Meeting:

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

Good123

26,519 posts

Posted by Good123 > 2024-05-21 09:49 | Report Abuse

Agm is approaching..bereskan semua, no need egm haha may 30

Good123

26,519 posts

Posted by Good123 > 2024-05-21 09:58 | Report Abuse

B4 10am, dah 2m syer ++traded something is boiling wait n see

Good123

26,519 posts

Posted by Good123 > 2024-05-21 11:42 | Report Abuse

Ada geng eyeing the stok. So early 2m shares grabbed :)

Good123

26,519 posts

Posted by Good123 > 2024-05-21 14:26 | Report Abuse

probably something big is going to happen b4 May 30 its AGM or on AGM day... interesting... must be good news coming.... looking at the shares were sapu recently even today as well

Good123

26,519 posts

Posted by Good123 > 2024-05-21 14:27 | Report Abuse

ada sesiapa mau attend ya... hehe
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

Good123

26,519 posts

Posted by Good123 > 2024-05-21 14:32 | Report Abuse

mgo beli balik semua syer lepas tu jualkan semua syer kpd exsim bijak jugak kan? kidding je

Good123

26,519 posts

Posted by Good123 > 2024-05-21 14:34 | Report Abuse

tak payah leceh sangat, jualkan semua bukan hanya 1 keping tanah je haha

Good123

26,519 posts

Posted by Good123 > 2024-05-21 14:35 | Report Abuse

Market Cap RM77.739m at 15sen... jika exsim offers 30 per syer, close deal kot? ~RM155mil je

Good123

26,519 posts

Posted by Good123 > 2024-05-21 16:10 | Report Abuse

Agm at Bukit Jalil Golf and Country Resort, good news coming. Otherwise, agm via zoom meeting, elak shareholders physically hehehe

Good123

26,519 posts

Posted by Good123 > 2024-05-23 09:04 | Report Abuse

Open at 15sen... Total shares are getting lesser for sale . Lima baris pertama 15, 15.5, dll :)

Good123

26,519 posts

Posted by Good123 > 2024-05-23 09:05 | Report Abuse

C u at bukit jalil golf club , agm@30 may :)

Good123

26,519 posts

Posted by Good123 > 2024-05-23 09:06 | Report Abuse

Harga syer Akan memecut ka? Soalan bernilai rm1 juta kidding

thundery

320 posts

Posted by thundery > 2024-05-23 09:57 | Report Abuse

if you understand whats going on lately happened on this company, you can decide hold or buy more or sell out. Understand the stock you going to trade is the most important

Good123

26,519 posts

Posted by Good123 > 2024-05-23 10:28 | Report Abuse

Segala soalan Akan dijawab kat agm

@thundery

if you understand whats going on lately happened on this company, you can decide hold or buy more or sell out. Understand the stock you going to trade is the most important

29 minutes ago

Posted by papakuching > 2024-05-23 10:37 | Report Abuse

HoHup had been ignored and dumped for so long and its now time for the bulls to act. If you a serious investor,
It's time to accumulated and add to your stock portfolio. If you are pessimistic, SELL! If you believed in the prospect of the company, BUY.
Decision is yours and this forum should be based on facts (Fundamentals) or trends (Technical). Not heresay

Good123

26,519 posts

Posted by Good123 > 2024-05-23 22:16 | Report Abuse

Need to ask them about this during the AGM@May 30.

KUALA LUMPUR (May 17): Ho Hup Construction Company Bhd (KL:HOHUP) said its 52%-owned unit Golden Wave Sdn Bhd (GWSB) has applied with the High Court to be placed under judicial management.

Judicial management is a corporate rescue mechanism where companies seek the appointment of a judicial manager when they are unable to pay their debts, creditors or directors.

In a filing with Bursa Malaysia on Friday, Ho Hup said GWSB’s judicial management application is part of GWSB’s efforts to rehabilitate the company in a bid to regularise its financial condition and maximise returns to creditors as opposed to being wound up.

The application is also to provide GWSB the opportunity to complete its projects.

It will also seek the involvement of an independent professional to facilitate restructuring of GWSB with the assistance of its management.

“There has been a series of events that has affected the cash flow of GWSB due to the Covid-19 pandemic environment, which has significantly slowed down the timing of payments by customers as well as the progress of the projects undertaken by GWSB,” Ho Hup said.

GWSB is 70%-owned by Ho Hup’s property development division Ho Hup Ventures (KK) Sdn Bhd, which is in turn 75%-owned by Ho Hup.

As at end-2023, Ho Hup Ventures’ total liabilities of RM447.49 million exceeded its total assets of RM449.54 million.

The unit contributed close to 40% of Ho Hup’s revenue for the financial year ended Dec 31, 2023 (FY2023).

Ho Hup stated that the application is not expected to have a significant financial or operational impact on the group, and will provide further updates if there is any material development on the matter.

Last week, Ho Hup announced that its RM1 billion mixed development project in Bukit Jalil will be suspended as it plans to sell the 3.09-acre land the project is sited on for RM110 million, cash, to Exsim Group as it seeks to improve its financial position.

Ho Hup have incurred losses for the last three consecutive years. For the financial year ended Dec 31, 2023 (FY2023), the company’s net loss widened to RM75.07 million from RM32.13 million a year earlier, due to impairments of long-standing receivables totalling RM14.7 million, as well as ascertained liquidated damages expenses of RM15.9 million.

The group also experienced lower contribution recognition for projects such as Laman Iskandaria, Kulai, and The Crown, Kota Kinabalu.

Shares of Ho Hup closed unchanged at 14 sen on Friday, giving it a market capitalisation of RM75.15 million. Year to date, the counter has dropped more than 40%.

Posted by papakuching > 2024-05-24 15:09 | Report Abuse

The bulls are back and I see the rainbow

adheree

31 posts

Posted by adheree > 2024-05-30 15:18 | Report Abuse

what's the catch? anyone can share?

Good123

26,519 posts

Posted by Good123 > 2024-06-03 09:00 | Report Abuse

Hohup assets in bukit jalil are priceless, “This year, the Fiabci International judging committee, comprising over 60 judges from 35 countries, recognised Pavilion Bukit Jalil as the World’s Best Retail Centre,” it said in a statement.


Pavilion REIT deputy chief executive officer Patrick Liau Kong Voon said Pavilion Bukit Jalil’s commitment to sustainability and creating meaningful spaces for the community played a crucial role in swaying the judges.

He attributed Pavilion Bukit Jalil’s success to its size, location, the neighbourhood’s growing catchment, as well as the international events hosted at the mall.

Good123

26,519 posts

Posted by Good123 > 2024-06-04 11:43 | Report Abuse

Bagi those yakin dengan brand hohup Dan experience, boleh accumulate etc... Buatlah study ya hehe

Good123

26,519 posts

Posted by Good123 > 2024-06-05 08:45 | Report Abuse

Ho Hup Construction Company Berhad's resilience can be attributed to several factors:

- **Diversified Portfolio**: Ho Hup has a diversified portfolio in construction and related services, which helps mitigate risks associated with any single market or sector².
- **Experienced Management**: The company benefits from an experienced management team, capable of navigating through challenging market conditions and making strategic decisions⁵.
- **Resource Management**: Effective project resource management ensures that projects meet objectives efficiently, which is crucial for maintaining quality control, safety, health management, time control, and cost control⁵.
- **Strategic Asset Sales**: The company's strategy to sell assets, like the Bukit Jalil land, can provide immediate cash flow relief and reduce debt, contributing to its financial stability².

These factors, combined with the company's ability to adapt and evolve in response to market conditions, contribute to its resilience. It's important for Ho Hup to continue leveraging these strengths while seeking new opportunities for growth and profitability.

Good123

26,519 posts

Posted by Good123 > 2024-06-05 08:56 | Report Abuse

Ho Hup Construction Company Berhad, commonly known as Ho Hup, is indeed a significant player in the construction and related services industry in Malaysia. The company has a history of growth and has been involved in various construction, property development, and building material projects².

As of the latest information available to me, Ho Hup has been involved in several promising ventures, including joint ventures like the Bukit Jalil City project with Malton Bhd, which includes developments such as Aurora Place and Aurora small offices and versatile offices (Sovo)⁴. These projects have contributed to the company's revenue and are expected to continue doing so.

Good123

26,519 posts

Posted by Good123 > 2024-06-05 09:22 | Report Abuse

Wait for takeover offer lebih baik

Good123

26,519 posts

Posted by Good123 > 2024-06-05 09:23 | Report Abuse

Nat 62sen, current price 13.5sen :)

Posted by papakuching > 2024-06-05 10:11 | Report Abuse

Downward risk extremely low, heading North extremely high. Sales of 3.09 acres is vital to regularise her cashflow and is deemed positive for the future direction of the company. The share price will be reflected within the next 6 months. Deemed a BUY now

Good123

26,519 posts

Posted by Good123 > 2024-06-07 08:49 | Report Abuse

Dump shares pulak

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
HO HUP CONSTRUCTION COMPANY BHD

Particulars of substantial Securities Holder
Name LOW LAI YOONG
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 04 Jun 2024
600,000
Disposed Deemed Interest
Name of registered holder RHB Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Low Chee Group Sdn Bhd
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Disposal of Shares by Low Chee Group Sdn Bhd
Nature of interest Deemed Interest
Direct (units) 1,362,500
Direct (%) 0.263
Indirect/deemed interest (units) 47,725,732
Indirect/deemed interest (%) 9.209
Total no of securities after change
Date of notice 06 Jun 2024
Date notice received by Listed Issuer 06 Jun 2024


Announcement Info
Company Name HO HUP CONSTRUCTION COMPANY BHD
Stock Name HOHUP
Date Announced 06 Jun 2024
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-06062024-00004

Good123

26,519 posts

Posted by Good123 > 2024-06-07 08:50 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
HO HUP CONSTRUCTION COMPANY BHD

Particulars of substantial Securities Holder
Name DATO' LOW TUCK CHOY
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 04 Jun 2024
600,000
Disposed Deemed Interest
Name of registered holder RHB Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Low Chee Group Sdn Bhd
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Disposal of Shares by Low Chee Group Sdn Bhd
Nature of interest Deemed Interest
Direct (units) 6,817,500
Direct (%) 1.315
Indirect/deemed interest (units) 53,801,622
Indirect/deemed interest (%) 10.381
Total no of securities after change
Date of notice 06 Jun 2024
Date notice received by Listed Issuer 06 Jun 2024


Announcement Info
Company Name HO HUP CONSTRUCTION COMPANY BHD
Stock Name HOHUP
Date Announced 06 Jun 2024
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-06062024-00003

Good123

26,519 posts

Posted by Good123 > 2024-06-07 08:50 | Report Abuse

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
HO HUP CONSTRUCTION COMPANY BHD

Particulars of substantial Securities Holder
Name LOW CHEE GROUP SDN BHD
Address No. 58G, Jalan Wawasan Ampang 2/3,
Bandar Baru Ampang,
Ampang
68000 Perlis
Malaysia.
Company No. 198001007547 (61331-A)
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 04 Jun 2024
600,000
Disposed Direct Interest
Name of registered holder RHB Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Low Chee Group Sdn Bhd
Address of registered holder Level 4, Tower Three, RHB Centre, Jalan Tun Razak, 50400 Kuala Lumpur, W.P. Kuala Lumpur
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Disposal of Shares
Nature of interest Direct Interest
Direct (units) 47,725,732
Direct (%) 9.209
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change
Date of notice 06 Jun 2024
Date notice received by Listed Issuer 06 Jun 2024


Announcement Info
Company Name HO HUP CONSTRUCTION COMPANY BHD
Stock Name HOHUP
Date Announced 06 Jun 2024
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-06062024-00005

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