Friday 29 Mar 2024
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This article first appeared in The Edge Financial Daily on March 21, 2018

KUALA LUMPUR: Crest Builder Holdings Bhd has bagged a RM117.8 million contract from Toyoma Aluminium Foil Packaging Sdn Bhd to build a six-storey office, factory and car parks in Petaling Jaya, Selangor.

In a filing with Bursa Malaysia yesterday, Crest Builder said the contract, through its wholly-owned subsidiary Crest Builder Holdings Bhd, is for 18 months from April 1, 2018 to Sept 30, 2019.

“The contract is expected to contribute positively to the group’s earnings for the financial year ending Dec 31, 2018 and onwards,” it added.

Crest Builder shares closed 1.5 sen or 1.66% higher at 92 sen yesterday, with a market capitalisation of RM155.33 million.

 

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