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.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Digital banks will not affect traditional banks in Malaysia
Dufu sees rise in global semiconductor sales and memory sector
MICCI, Penang work together to boost competitiveness in semiconductors, ports, trade
VSTECS appointed as the first Amazon Web Services distributor in Malaysia
Apple’s China iPhone shipments soar 12% in March after discounts
KLCI dips on profit taking, stays firmly above 1,600 level
Contentious content
Swedish central bank lowers key rate, sees two more cuts this year
Public Bank mobilises over RM53bil in sustainable finance
Stinky tofu tycoon a Changsha success story

Others Also Read