Ho Hup Construction Company Bhd (HHCS.KL) Key Developments | Reuters.com
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Ho Hup Construction Company Bhd (HHCS.KL)

HHCS.KL on Kuala Lumpur Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ho Hup Construction company says received letter of award of tender from Sinopec Engineering Group (Malaysia) Sdn Bhd
Sunday, 27 Sep 2015 08:00pm EDT 

Ho Hup Construction Company Bhd:Awarded a sub-contract to perform work of soil improvement under package 2 of rapid project.Contract by sinopec engineering group (Malaysia) for amount of 21.6 million rgt.Construction is expected to commence in October 2015 and will be completed over 4 months.Construction company-award of contract will not have material impact on issued and paid-up capital.  Full Article

Ho Hup Construction Company Bhd says its JV been awarded a contract by DSE
Sunday, 13 Sep 2015 08:00pm EDT 

Ho Hup Construction Company Bhd:Says that Ho Hup - DSE jv has on 11 September 2015 been awarded a contract by DSE.Contract for a contractual sum of 145.3 mln ringgit.Says date of commencement of construction work shall be October 2015 and the completion period is 24 months award of the construction.Contract will not have any material impact on the EPS and na per share of co.  Full Article

Ho Hup Construction Company Bhd announces incorporation of new subsidiary
Sunday, 14 Jun 2015 08:00pm EDT 

Ho Hup Construction Company Bhd:Says on June 12 incorporated 75 pct owned subsidiary company, namely Ho Hup Ventures (KK) Sdn. Bhd. (HHVKK) in Malaysia.HHVKK has an authorised share capital of 400,000.00 Ringgit comprising 400,000 ordinary shares of 1.00 Ringgit each.Principal activities of HHVKK is construction, development property and investment holding.  Full Article

Ho Hup Construction Company Bhd declares dividend
Sunday, 7 Jun 2015 08:00pm EDT 

Ho Hup Construction Company Bhd:Declares third cumulative preferential dividend to the holders of redeemable convertible preference shares at a dividend rate of 1.5 sen per annum (payable semi-annually in arrears for the period from Dec. 24, 2014 to June 23).The payment date is Jul 13.  Full Article

Ho Hup Construction Company Bhd declares dividend
Sunday, 7 Jun 2015 08:00pm EDT 

Ho Hup Construction Company Bhd:Ho Hup Construction Company Bhd.Declares third cumulative preferential dividend to the holders of Irredeemable Convertible Preference Shares at a dividend rate of 2.5 sen per annum (payable semi-annually in arrears for the period from Dec. 24, 2014 to June 23).The payment date is Jul 13.  Full Article

Ho Hup Construction Company Bhd declares preferential dividend
Sunday, 7 Dec 2014 07:00pm EST 

Ho Hup Construction Company Bhd:Says second cumulative preferential dividend to holders of redeemable convertible preference shares (RCPS) at dividend rate of 1.5 sen p a.EX-date Dec. 19.Entitlement date Dec. 23.Payment date Jan. 14, 2015.  Full Article

Ho Hup Construction Company Bhd announces holding interest of Insas Plaza Sdn. Bhd.
Tuesday, 2 Dec 2014 07:00pm EST 

Ho Hup Construction Company Bhd:Says Insas Plaza Sdn. Bhd. holds 25,712,650 shares which represents 8.27 pct of the voting power of the company.  Full Article

Ho Hup Construction Company announces acquisition of new subsidiary namely, Nippon Awanatech Sdn. Bhd.
Monday, 13 Oct 2014 08:00pm EDT 

Ho Hup Construction Company Bhd:Acquires two (2) ordinary shares of 1.00 ringgit each in the share capital of NASB (Nippon Awanatech Sdn. Bhd).At a total consideration of 2.00 ringgit.Upon completion of the Acquisition, NASB became a wholly-owned subsidiary of HHCCB.  Full Article

Ho Hup Construction Company Bhd announces joint venture agreement between Ho Hup (Myanmar) E&C Co., Ltd and Zaykabar Company Limited
Sunday, 7 Sep 2014 08:00pm EDT 

Ho Hup Construction Company Bhd:Says its 70 pct-owned subsidiary, Ho Hup Myanmar had on Sept. 08 enters into Joint Venture Agreement (JVA) with Zaykabar.Zaykabar is registered holder and beneficial owner of all that piece of grant hold land in Mingalardon Garden City (hereinafter referred to as Z Villas 191 Units Land) of which Zaykabar had agreed to grant rights to develop Z Villas 191 Units Land to Ho Hup Myanmar.Aykabar agrees to grant Ho Hup Myanmar sole and exclusive right to develop Z Villas 191 Units Land into residential units in accordance with approved layout plans.Says it consist of 191 units of villas/bungalows measuring about 10,000 square feet each and with a built-up area of about 5,000 square feet each and to be divided into three phases.In consideration of grant of exclusive right to develop Z Villas 191 Units Land by Zaykabar to Ho Hup Myanmar, Zaykabar’s entitlement is sum of cash equivalent to the aggregate of the land cost which is pegged at $40 per square foot.Zaykabar shall have 60 pct of total net profit of Project.  Full Article

Ho Hup Construction Company Bhd proposes to implement private placement
Thursday, 4 Sep 2014 08:00pm EDT 

Ho Hup Construction Company Bhd:Proposes to implement private placement of up to 38,856,195 new ordinary shares of 0.50 Ringgit each in Ho Hup to independent third party investors to be identified at a later date.  Full Article