Key Developments: Ho Hup Construction Company Bhd (HHCS.KL)

HHCS.KL on Kuala Lumpur Stock Exchange

1.28MYR
24 Oct 2014
Price Change (% chg)

RM0.03 (+2.40%)
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Latest Key Developments (Source: Significant Developments)

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

Ho Hup Construction Company Bhd announces resignation of Chairman
Tuesday, 17 Jun 2014 08:00pm EDT 

Ho Hup Construction Company Bhd:Says Tan Sri Dato’ Kamaruzzaman Bin Shariff retires as Chairman.  Full Article

Ho Hup Construction Company Bhd declares first cumulative preferential dividend
Thursday, 5 Jun 2014 08:00pm EDT 

Ho Hup Construction Company Bhd:Declares first cumulative preferential dividend to holders of redeemable convertible preference shares at dividend rate of 1.5 sen per annum (payable semi-annually in arrears for period from Dec. 23, 2013 to June 23).Payment date on July 11.Entitlement date on June 23.EX-date on June 19.  Full Article

Ho Hup Construction Company Bhd announces redesignation as chief executive officer
Wednesday, 23 Apr 2014 08:00pm EDT 

Ho Hup Construction Company Bhd:Says executive director - Wong Kit-Leong has been redesignated as chief executive officer.  Full Article

Ho Hup Construction Company Bhd does not recommend dividend
Wednesday, 23 Apr 2014 08:00pm EDT 

Ho Hup Construction Company Bhd:Says no dividends have been recommended for the financial year.  Full Article

Ho Hup Construction Company Bhd gets contract
Thursday, 20 Feb 2014 07:00pm EST 

Ho Hup Construction Company Bhd:Says that it had been awarded a contract for rehabilitation of 44 km length of the Al-hawraa District Roads and Rehabilitation for all the infrastructure and utilities services in Al-hawraa District, Iraq.Says the contract sum is for Iraqi Dinar 71,392,461,600 or approximately $58 million.Says the contract was awarded by the Commission of Construction, Wassit Province in Iraq and terms confirmed on Feb. 20.Says the contract work is expected to be carried out over three and a half years and be completed in June 2017.  Full Article

Ho Hup Construction Company Bhd Announces Rights Issue
Sunday, 1 Dec 2013 07:00pm EST 

Ho Hup Construction Company Bhd:Says issue of renounceable rights issue of 102,000,408 irredeemable convertible preference shares of Ringgit 0.01 each in ho hup.Says together with 51,000,204 free detachable warrants on the basis of one rights icps for every one existing ordinary share of Ringgit 0.50 each held in ho hup.Says together with one warrant for every two rights icps subscribed on Dec 2, 2013 at an issue price of Ringgit 0.50 per rights icps payable in full upon acceptance.  Full Article

Ho Hup Construction Company Bhd does not recommend dividend
Thursday, 28 Nov 2013 07:00pm EST 

Ho Hup Construction Company Bhd:Says no dividends have been recommended during the quarter ended Sept. 30.  Full Article

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