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Ho Hup In JV For Kota Kinabalu Project
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  • Ho Hup Construction‘s 75 percent-owned Ho Hup KK (HHVKK) will undertake a mixed-development project in Kota Kinabalu with a gross development value (GDV) of RM774 million.
  • HHVKK will participate in the project after signing an agreement to buy a 70 percent stake in Golden Wave for RM30 million.
  • Ho Hup states that the acquisition will add to its existing land bank of 2.8 acres and 50-acre JV development land in Bukit Jalil City with Pioneer Haven.

Significance: The proposed acquisition is in line with the group’s strategy to carry out development projects in strategic locations with high development value.


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