Crest Builder secures RM149m hotel construction job


Temporary anti-dumping measures on ethanolamine products produced in the Malaysia, Saudi Arabia, Thailand and the United States is also being introduced.

KUALA LUMPUR: Crest Builder Holdings Bhd has been awarded a contract by Mega Capital Development Sdn Bhd for the construction of a 44-storey hotel and a carpark podium in Jalan Imbi, here, or RM149.5mil.

The contract, which was received by Crest Builder unit Crest Builder Sdn Bhd, is for 39 months from January 2018 to April 2021.

"The contract is expected to contribute positively to the group's earnings for the financial years ending Dec 31, 2018 and onwards," it said in its filing with Bursa Malaysia.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Global stocks inch up, oil steady before US CPI
Vstecs 2Q net profit jumps 50% to RM30.31mil on strong growth across all business segments
Ringgit ends higher vs greenback ahead of US inflation data
Binasat's unit to receive RM32.19mil refund after Empire City SPA termination
Tencent Q2 revenue climbs 11% on AI-driven ad gains, but profit falls short
Taiwan's Foxconn reports 35% rise in Q2 profit on AI demand, beats forecasts
IEA slashes 2026 supply forecast as Hormuz reopening remains elusive
EITA Resources unit undertakes RM62.3mil upgrading job from Prasarana
PTT Synergy to construct warehouses for Bank Rakyat cooperative
Southern Score Builder's unit bags RM105mil Puncak Alam data centre contract

Others Also Read