Ho Hup trims FY16 profit growth target

KUALA LUMPUR (May 24): Ho Hup Construction Company Bhd, which saw its earnings slip 5% in the first quarter ended March 31, 2016 (1QFY16), has trimmed its profit after tax (PAT) growth target to between 15% and 20% for FY16, in view of the continued slowdown in the property market.

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Ho Hup plays safe this year

KUALA LUMPUR: Amid a soft property market, Ho Hup Construction Co Bhd will take a cautious stance when it comes to launching its property development projects in Kota Kinabalu, Sabah, and Bukit Jalil here, with a combined estimated gross development value (GDV) of RM1.

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Bukit Jalil’s impressive run

WATCH VIDEO HERE BUKIT Jalil in Kuala Lumpur came into prominence when it was chosen as the location for Malaysia’s National Sports Complex, the venue of the 1998 Commonwealth Games.

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