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Update Ho Hup applies for upliftment from PN17 classification

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Update Ho Hup applies for upliftment from PN17 classification Empty Update Ho Hup applies for upliftment from PN17 classification

Post by Cals Thu 06 Mar 2014, 17:28

Update Ho Hup applies for upliftment from PN17 classification
Business & Markets 2014
Written by Jonathan Gan of theedgemalaysia.com   
Thursday, 06 March 2014 15:43

KUALA LUMPUR (Mar 06): Ho Hup Construction Company Bhd announced today it has applied to Bursa Securities for an early upliftment of its PN17 status.

“The Company wishes to inform that, on 5 March 2014, M&A Securities Sdn. Bhd. had on behalf of the Company, submitted an application to Bursa Securities for an early upliftment from being classified as a PN17 company under the Listing Requirements.”

“The Company’s application is subject to Bursa Securities’ approval. An announcement will be made once the company receives a decision from Bursa Securities” said Ho Hup.

At 3:17pm today, the company's shares rose 7 sen or 4.6% to RM1.56 per share with some 5.3 million shares traded, after the announcement was made.
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