KUALA LUMPUR: Here is a summary of recent corporate announcements that made headlines
Ho Hup Construction Co Bhd
’s RM1bn mixed development project in Bukit Jalil will be suspended as it plans to sell the project's 3.09-acre land for RM110mn cash to repay bank borrowings, refund existing end purchasers of the project's Sovo units, and pay consultants and the contractor.
Favelle Favco Bhd has secured four contracts for the supply of offshore and tower cranes totaling RM39.2mn.
KKB Engineering Bhd has secured two contracts worth a combined total of RM37.9mn, to build and maintain liquefied petroleum cylinders for Petronas Dagangan Bhd for one year.
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