-+ 0.00%
-+ 0.00%
-+ 0.00%
Ho Hup seeks creditor debt restructuring through scheme of arrangement
Share
Listen to the news
Ho Hup seeks creditor debt restructuring through scheme of arrangement
  • Ho Hup Construction plans a debt settlement scheme with creditors and financiers, according to its November 12, 2026 announcement.
  • The company intends to seek a High Court restraining order to facilitate restructuring.
  • No restraining order is in force; no regularization plan has been submitted, leaving its securities at risk of suspension and delisting.
  • Group loan defaults totaled RM 135.94 million at June 30, 2026; its capital deficiency reached RM 172.62 million.
  • Continued operations depend on creditor support, a restructuring agreement and sufficient cash flow to meet obligations.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ho Hup Construction Company Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3724014) on November 12, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending