Court of Appeal upholds Ho Hup's purchase of Bukit Jalil Devt at RM35.97m


KUALA LUMPUR: The Court of Appeal has upheld the court order for Ho Hup Construction Co Bhd to purchase Zen Courts Sdn Bhd's 30% stake in Bukit Jalil Development Sdn Bhd for RM35.97mil.

It said on Thursday the Court of Appeal made the decision on Wednesday after hearing arguments to relating to Zen Courts' application to appeal against the High Court order which had fixed the price for the 30% stake at RM35.97mil.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Shell says it remains committed to mobility business in Malaysia
Federal Court rules in SC’s favour, Ricky Wong’s leave application dismissed
Regional expansion to bode well for CTOS
Miti: Semiconductor industry offers Malaysia chance for exponential growth
Ringgit slightly higher at the close
Awantec to strengthen its synergistic offerings to drive growth
Bursa Malaysia hits all-time high market capitalisation of more than RM2 trillion
Sapura Energy gets US$1.8bil worth of PLSV-related contracts
OCK enters tower leasing agreement, marks debut into Laos
AmBank, CGC announce additional RM400mil under the SME Portfolio Guarantee Scheme

Others Also Read