Wednesday June 24, 2009
Winding-up petition served on Ho Hup unit
PETALING JAYA: A winding-up petition has been served on Bukit Jalil Development Sdn Bhd (BJD), a major subsidiary of Ho Hup Construction Company Bhd (Ho Hup).
In a filing with Bursa Malaysia, Ho Hup said the winding-up petition was served by Yew Kok Foo, Siew Kim Moey and Yew Seik Wai, who are claiming RM94,153 from BJD.
Ho Hup’s cost of investment in BJD was RM10.5mil. “The winding-up petition was filed arising from liquidated ascertained damages in connection with the delayed completion and handover of one unit of (a) two-storey shophouse to the petitioners as purchaser,” the company said.
The winding-up petition will be heard at the High Court of Malaya at Kuala Lumpur on August 13, 2009.
HOHUP : [Stock Watch] [News]
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