KUALA LUMPUR: Ho Hup Construction Company Bhd
and its wholly-owned subsidiary Bukit Jalil Development Sdn Bhd (BJD) have defaulted on term loan facilities amounting to RM112.69 million.
In a filing with Bursa Malaysia today, Ho Hup said the companies had received a notice of demand dated April 17, 2025, from Rohamat and Ling, Advocates and Solicitors, acting for Insas Credit & Leasing Sdn Bhd (ICL) as to the term loan facilities and demand for the total outstanding sum of RM112.69 million, inclusive of all interests chargeable under the respective money lending agreements entered into between BJD and ICL to be repaid within 14 days of the date of the said notice.
