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Bursa Updates
| Date Announced: |
26/11/2009 |
| Subject: |
HO HUP CONSTRUCTION COMPANY BERHAD ("Ho Hup" or "the Company")
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WRIT OF SUMMONS SERVED ON THE COMPANY AND ITS MAJOR SUBSIDIARY, BUKIT JALIL DEVELOPMENT SDN. BHD., BY LOW CHEE & SONS SDN. BHD. |
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| Contents: |
Further to the Company’s announcements dated 14 August 2009 and 18 August 2009 pertaining to the Writ of Summons served on the Company and its major subsidiary, Bukit Jalil Development Sdn. Bhd. (“BJD”) by Low Chee & Sons Sdn. Bhd. (“Plaintiff”), a substantial shareholder of the Company in relation to the disposal of parcel of freehold land measuring approximately 5.503 acres held under Geran 55267, Lot 38474, Mukim of Petaling, District of Kuala Lumpur, State of Wilayah Persekutuan Kuala Lumpur for a cash consideration of RM9.83 Million by BJD to Santari Sdn. Bhd. (“Suit”), the Board of Directors of Ho Hup wishes to inform that the Suit had been withdrawn by the Plaintiff.
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