Ho Hup served with winding-up petition
Tuesday September 15, 2009 PETALING JAYA: Ho Hup Construction Co Bhd has been served with a winding-up petition by Time Automation & Management Services Sdn Bhd. In reply to a Bursa Malaysia query, the construction company said the petition was filed on alleged non-payment for services related to construction works due and owed by Ho Hup to the petitioner. “The company is taking steps to settle the matter before the hearing of the winding-up petition on Nov 2,” Ho Hup said, adding that the impact of settlement was unlikely to be significant on its finances and operations. It also did not expect to incur any further losses as the amounts claimed were provided for in the accounts, the company added. http://biz.thestar.com.my/news/story.asp?file=/2009/9/15/business/4715932&sec=business
Tuesday September 15, 2009 PETALING JAYA: Ho Hup Construction Co Bhd has been served with a winding-up petition by Time Automation & Management Services Sdn Bhd. In reply to a Bursa Malaysia query, the construction company said the petition was filed on alleged non-payment for services related to construction works due and owed by Ho Hup to the petitioner. “The company is taking steps to settle the matter before the hearing of the winding-up petition on Nov 2,” Ho Hup said, adding that the impact of settlement was unlikely to be significant on its finances and operations. It also did not expect to incur any further losses as the amounts claimed were provided for in the accounts, the company added. http://biz.thestar.com.my/news/story.asp?file=/2009/9/15/business/4715932&sec=business