Bukit Jalil Development
What we found
Ho Hup said a land-development dispute with Pioneer Haven, a Malton subsidiary, was settled in 2012, after which the developer regained sole development rights to a 10-acre tract of the 60-acre Bukit Jalil land.
The evidence
Delivery
NegativeThe Flex @ Bukit Jalil City project was discontinued and the land disposed of in May 2024, according to Ho Hup's Bursa filing.
Handover
NegativeA forum post by a Jalil Sutera buyer, undated in the snippet, says the unit was delayed more than two years and the developer was then issuing vacant possession letters; the poster also says a friend's experience was that the developer was not paying LAD, and the claim is unverified.
Regulatory and legal
NegativeA CIPAA adjudication decision issued on 19 March 2025 ordered the developer to pay RM7.37 million to a substructure contractor, Geopancar, over the aborted Flex project; the developer did not contest the claim and planned to apply to the High Court to set it aside.
Corporate continuity
NegativeA 2012 High Court order required Ho Hup to buy Zen Courts' 30% minority stake in the developer, after a petition Zen Courts filed against Ho Hup and the developer; Ho Hup then became sole owner.
3 more findings
A 2019 High Court share-valuation decision found in favour of Zen Courts, ordering Ho Hup to pay RM99.09 million for the 30% stake in the developer after a nine-year dispute.
A 2010 board change at the parent Ho Hup, followed by a legal fight with Malton's Pioneer Haven over development rights, put Ho Hup's financial restructuring on hold for about two years.
The company was formerly called Panca Warni Sdn Bhd and took its current name in January 2002, and it is recorded as a subsidiary of Ho Hup Construction Co.
