I heard MALTON is seeking arbitrageur aids, court case keeps on. Those who has placed the earnest deposit for shoplots hv been informed by HH that their money will be refunded.

when will be the lauching for LinkHouse by Melati Ehsan Group?

any idea / info how much will be the price range...?

1m and above. The size is only 22 x 75.
This make the SEri jalil link house look so cheap with much better location.
Launching date not sure but u can register with them

---

Added on February 28, 2012, 11:23 amHow I wish they can jointly dev it and everyone wins . Everything is going smoothly except this big elephant

This post has been edited by Cocoon: Feb 28 2012, 11:23 AM

Malton is biting the meat, for the interest of purchasers, of course let Malton JV is better, in another hand HH shareholders are not willing to see it happen.

wow, that's really expensive...

but seems like there won't be new landed development around Kinrara, Bukit jalil area, except for the high-end projects.

HO HUP CONSTRUCTION COMPANY BERHAD (“Ho Hup” or “the Company”)
EXTENSION OF TIME TO VARY THE REGULARISATION PLAN UNDER PRACTICE NOTE (“PN”) 17 OF THE BURSA MALAYSIA SECURITIES BERHAD MAIN MARKET LISTING REQUIREMENTS

We refer to the announcements dated 20 February 2012 and 21 February 2012.

M&A Securities Sdn Bhd, on behalf of the Company wishes to announce that after due consideration of all facts and circumstances of the matter, Bursa Malaysia Securities Berhad (“Bursa Securities”) has decided to grant the Company an extension of time up to 30 June 2012 to submit a revised regularisation plan to Bursa Securities.

The approval for the extension of time granted to Ho Hup is without prejudice to Bursa Securities’ right to proceed to suspend the trading of the securities of Ho Hup and to commence de-listing procedures against the Company in the event:-

(1) Ho Hup fails to submit the revised regularisation plan to Bursa Securities for approval on or before 30 June 2012;

(2) Ho Hup fails to obtain the approval from any of the regulatory authorities necessary for the implementation of its regularisation plan; or

(3) Ho Hup fails to implement its regularisation plan within the timeframe or extended timeframes stipulated by the regulatory authorities.

Upon occurrence of any of the events set out in items (1) to (3) above, a suspension shall be imposed on the trading of the listed securities of Ho Hup upon the expiry of five (5) market days from the date Ho Hup is notified by Bursa Securities and de-listing procedures shall be commenced against Ho Hup.

This announcement is dated 1 March 2012.

© 2012, Bursa Malaysia Berhad. All Rights Reserved.

Being build next to a surau will ensure you wake up at 5:00 am in the morning.

Really bad location too, i heard a lot of thefts in the low cost flat nearby.

Are they 100% bumi lots ?

This post has been edited by jalsrix: Mar 25 2012, 10:13 PM

If Melati sells below than 1.1 mil, it will be fully sold still

Still stuck...

Here we go, MALTON is developing Jalil City. Good news to all BJ Residents!

Where to get the wind? Serious Bo?

U sudah tahu...lagi nak tanya....

Pls check klse hohup annoucement lah

Really good news to b.jalil

Good news to all the investors too ( who are yet to be residents ). All properties in the vicinity will rise in value accordingly.

http://biz.thestar.com.my/news/story.asp?f...26&sec=business

Finally...


HO HUP CONSTRUCTION COMPANY BHD (5169, HOHUP)
DateJul 03 2012 TypeGeneral Announcement Ref No.CS-120703-8FEE0
Type : Announcement
Subject : MATERIAL LITIGATION

Description : HO HUP CONSTRUCTION COMPANY BERHAD ("Ho Hup" or "the Company")
- KUALA LUMPUR HIGH COURT SUIT RELATING TO THE JOINT DEVELOPMENT AGREEMENT DATED 16 MARCH 2010 BETWEEN BUKIT JALIL DEVELOPMENT SDN BHD AND PIONEER HAVEN SDN BHD ("SUIT")

Announcement Details/Table Section :

Reference is made to the announcements made on 27 April 2010, 30 April 2010, 5 May 2010, 17 June 2010, 25 June 2010, 7 July 2010, 12 August 2010, 13 October 2010, 29 November 2010, 30 March 2011, 19 May 2011, 7 June 2011, 20 June 2011, 20 December 2011, 17 January 2012, 31 January 2012 and 17 May 2012.

The Board of Directors of Ho Hup wishes to inform that Ho Hup, Bukit Jalil Development Sdn. Bhd. ("BJD", a 70%-subsidiary of Ho Hup) and Pioneer Haven Sdn. Bhd. ("PHSB", a wholly-owned subsidiary of Malton Berhad) had come to an amicable settlement of the Suit under the terms of a Supplemental Agreement entered between BJD and PHSB on 3 July 2012 ("Supplemental Agreement"). Ho Hup has agreed to discontinue its appeal to the Federal Court and to withdraw the Suit and any ancillary matters related thereto without admission of any liability and with no order as to costs and no liberty to file afresh, inter alia, upon the execution of the Supplemental Agreement.

Amongst others, the main principal of the Supplemental Agreement is as follows:-

1. Land

The joint venture development of the land held under Geran 42277, Lot No. 36101, Mukim of Petaling, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan measuring approximately 243,000 square meter ("the Land") shall be on five sixths (5/6) of the Land measuring approximately 202,500 square meter ("the JV Land") instead of on the Land as a whole.

BJD shall be entitled to develop the remaining one sixth (1/6) portion of the Land measuring approximately 40,500 square meter and encompassing Parcel A which comprise approximately 5.9 acres of land with approved development order based on plot ratio of 3.09 ("BJD's Land"). Parcel A consists of an office tower and shop offices. The balance of BJD's Land measuring approximately 4.1 acres and with a minimum of 139,321 square meter in gross floor area is earmarked as development for high rise residential units.

2. Revised Entitlement

BJD's entitlement shall be eighteen percent (18%) instead of seventeen percent (17%) of the total Gross Development Value ("GDV") of the JV Land to be developed by PHSB, subject to a minimum value of entitlement of RM220 million ("BJD's Entitlement").

3. Settlement of Indebtedness

PHSB agrees and undertakes to pay for and on behalf of BJD and Ho Hup towards the servicing of monthly interests and the redemption of the secured loan of RM75 million from Insas Credit & Leasing Sdn. Bhd. and the payments so made by PHSB shall be treated as an advance of part of BJD's Entitlement.

4. Financing

PHSB agrees to endeavour to assist BJD to secure bank financing of up to RM20 million for the development of BJD's Land.

5. Charge of the Land

PHSB shall be entitled at its own cost and expense to charge or otherwise encumber the Land as security and collateral for purposes of refinancing the indebtedness to Insas Credit & Leasing Sdn. Bhd. as well as to part finance the development cost for the development on the JV Land. PHSB shall procure its financier to provide a letter of undertaking/disclaimer to exclude BJD's Land from any foreclosure proceedings that may be taken against the Land.

This announcement is dated 3 July 2012.

Why good news ?

No developer better than MALTON ?

i think the first phase is due soon... they called it Aurora Office Suites or smtg like dat based on briefing preview

This post has been edited by accetera: Jul 3 2012, 11:12 PM

Cool...

Wow....aeon...is coming.....no need go mv anymore....haha

First Phase would be office tower and shop-office. AEON Jusco not so fast i think.

Interested to noe more of the shop office.