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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CIDB certificates needed from June 1

JOHOR (April 27): From June 1, skilled construction workers and site supervisors cannot continue to work at construction sites unless they have a certificate from the Construction Industry Development Board (CIDB), Bernama reported yesterday.

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