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HO HUP CONSTRUCTION COMPANY BHD

 
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tks



Joined: 01 Jun 2005
Posts: 52
Location: Block C

PostPosted: Wed Jan 14, 2009 9:03 pm    Post subject: HO HUP CONSTRUCTION COMPANY BHD Reply with quote

FYI - Today's announcement by Ho Hup Construction Company Berhad


Type : Announcement
Subject : HO HUP CONSTRUCTION COMPANY BERHAD (“Ho Hup” or “the Company”) (Receivers and Managers Appointed)
- NOTICE OF APPOINTMENT OF RECEIVERS AND MANAGERS

Contents : The Board of Directors of Ho Hup wishes to announce that the Company has received a notice of appointment of Receivers and Managers dated 14 January 2009 for properties under the powers contained in a Debenture dated 15 September 2006 created in favour of Malayan Banking Berhad (“MBB”).

Ho Hup has a facility with MBB estimated to be RM8.5 million and the facility is secured with a fixed charge on a piece of industrial property and Debenture on machinery and equipment which the Board estimates collectively to be in excess of the loan amount.

Mr Michael Joseph Monteiro and Mr Heng Ji Keng of Messrs Ferrier Hodgson MH Sdn Bhd have been appointed as Receivers and Managers.

Ho Hup Construction Company Berhad, a company incorporated in Malaysia on 24 March 1973, with an authorised capital of RM200,000,000.00 divided into 200,000,000 ordinary shares of RM1.00 each and a paid-up capital of RM102,000,408.00 divided into 102,000,408 ordinary shares of RM1.00 each. The principal activities of the Company consist of foundation engineering, civil engineering, building contracting works and hire of plant and machinery.

The Company is seeking advice from its solicitors and also actively seeking an expedient resolution to this matter.


© 2009, Bursa Malaysia Berhad. All Rights Reserved.
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dc



Joined: 27 May 2005
Posts: 522

PostPosted: Fri Jan 23, 2009 1:00 pm    Post subject: Reply with quote

Alamak! BJD apa jadi??? Nampaknya impian mendapatkan hakmilik strata lebih jauh dari pandangan... Crying or Very sad
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zuhaida_z



Joined: 01 Aug 2006
Posts: 2

PostPosted: Sat Jan 24, 2009 8:44 pm    Post subject: Reply with quote

No wonder lah!! I've approached 3 banks to refinance my loan on the apartment, and all rejected. All of them said it's because the Developer is not a stable company & they didn't want to take the risk.. plus no strata title.. How long must this end?
Lucky BLR reduced oredi... Confused
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aaronfs



Joined: 15 May 2005
Posts: 160

PostPosted: Fri Jan 30, 2009 10:19 am    Post subject: Reply with quote

kasi bayar habis loan and rent the apt la.... ini apt senang mau sewa
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dc



Joined: 27 May 2005
Posts: 522

PostPosted: Sun Feb 01, 2009 8:17 pm    Post subject: Reply with quote

aaronfs wrote:
kasi bayar habis loan and rent the apt la.... ini apt senang mau sewa


gua rasa lu biar loan lagi baik... kalo bjd punya bank nak buat apa apa, kena beres bank kita dulu. bank lawan bank bukan senang. kalo lu dah bayar semua... lu kena lawan bank bjd sorang. gua punya dua sen.
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