Ho Hup Construction calls off RM136m rights issue

KUALA LUMPUR (Oct 13): Ho Hup Construction Co Bhd has called off a RM136 million cash call after the extension of time to implement the corporate exercise lapsed, adding that it will explore alternative options to fund its construction and property development projects.

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DONE DEAL: Prisma Perdana condominium, Taman Midah, Cheras

Rented for: RM1,300 Concluded by: Darren Chan (REN 08531) of Huttons One World Sdn Bhd (014-320 3566) When: June 2017 Noteworthy: ● Freehold ● Built-up: 818 sq ft ● Mid-level corner unit ● Fully-furnished unit ● Nearby amenities — restaurants, hypermarket, banks, school, hospital and clinics Located at Taman Midah in Cheras, Kuala Lumpur, Prisma Perdana condominium comprises two 13-storey residential towers housing 208 units with built-up sizes ranging from 817 sq ft to 820 sq ft.

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Whither house prices?

KUALA LUMPUR (Oct 12): Property industry observers do not foresee property prices declining in the next six to 12 months, but instead grow at a moderate pace.

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'Boy Iman' remanded for two days over property scam

KUBANG PASU (Oct 11): The Jitra Magistrate’s Court here granted a two-day remand order on DBI Properties managing director Datuk Noruliman A Rahman to help investigations into a property scam here involving RM30,000, Bernama reported today.

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