Ho Hup Subsidiary Faces Winding-Up Petition Over RM 245,709.20 Claim
Bitget2026/10/21 10:42- Ho Hup Construction’s wholly owned subsidiary Ho Hup Infinite faces a winding-up petition over alleged debt of RM 245,709.20.
- The petition remained unserved as of October 21, 2026; Ho Hup is seeking legal advice to resolve or defend the matter.
- Potential losses total RM 245,709.20, with further interest accruing at 5% annually and additional costs.
- No operational impact or other material financial impact on the group is expected.
- A court hearing is scheduled for December 7, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bank of Japan minutes turn hawkish: Most members believe a rate hike is needed soon, with a 70% probability of a hike in December
Minutes from the Bank of Japan show that several members believe a rate hike is needed in the near term, with a roughly 70% probability of an increase in December. Core inflation has met the target for the first time in 30 years, and the current policy rate stands at 1.25%.

Former Chainlink Product Marketing Director Michael Robinson joins Monad Foundation
The Federal Reserve Eyes $1.8 Trillion in “Shadow Credit”: Dallas and New York Fed Launch First Private Credit Survey
The Dallas and New York Federal Reserves have launched an investigation into private credit lending standards, covering an industry worth 1.8 trillions USD, with a minimum threshold of 50 millions USD. The results will be released in the first quarter of 2027.

Tom Lee Says a VIX Signal Points to a Stock Market Bottom
