Ho Hup unit gets winding-up petition from IRB over RM24 mil tax arrears
Ho Hup slipped into Practice Note 17 (PN17) status in April after BJD defaulted on RM112.
Ho Hup slipped into Practice Note 17 (PN17) status in April after BJD defaulted on RM112.
Among the analysed projects, six have median asking rental prices that mostly fall under RM2,000–RM4,000, while three projects feature median asking rental prices ranging RM6,001–RM8,000.
Growing market interest for Kitacon project developments could be reflected by a tenderbook of RM913 million (17% industrial and 83% residential projects) as of June 23, 2025.
The hearing of the petition has been fixed for Sept 8, 2025.
The job, awarded by Bayu Melati Sdn Bhd to Econpile’s wholly owned subsidiary Econpile (M) Sdn Bhd, is scheduled for completion within 12 months starting July 14.
Bina Puri Properties Sdn Bhd was served a petition in relation to unpaid taxes amounting to RM849,499, while Bina Puri Sdn Bhd (BPSB) received a separate petition over a larger tax sum of RM4.
The MOU between PNSB and SD Guthrie Berhad would explore the proposed development of approximately 192.
The bid-rigging involved six tenders for maintenance works in Putrajaya, including amenity trees, main drains, gross pollutant traps and retention systems across various precincts.
The project covers the construction and completion of 1,004 apartment units, along with podium parking, commercial spaces, resident facilities and infrastructure works.
"This is an opportunity to position Malaysia as a key player in the future of construction, driven by innovation, digitalisation and sustainability," KKR said in a statement.