Ho Hup gets new lease of life
Wong: This is a game changer for us. With the sale of the Pavilion Mall and billings from the BJC development, we can expect the next three financial years to showcase a very strong momentum.
PETALING JAYA: After five years of dwindling profits, a reversal in Ho Hup Construction Co Bhd 
’s fortunes is may be on the cards.
For starters, this is on the back of a RM266.4mil entitlement stemming from the sale of the Pavilion Bukit Jalil Mall.
The RM266.4mil payout is Ho Hup’s portion from Malton Bhd ’s proposed sale of a 49% stake in Pavilion Bukit Jalil Mall for RM1.48bil.
...
The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.
Related Stocks
Comments