Crest Builder aborts plan to develop land

The company, in a filing with Bursa Malaysia yesterday, said the Malaysian Rubber Board (LGM) has agreed to terminate the project.

PETALING JAYA: Crest Builder Holdings Bhd has aborted a plan to develop a plot of prime land in Jalan Ampang because it is no longer “commercially viable” to proceed with the project.

The company, in a filing with Bursa Malaysia yesterday, said the Malaysian Rubber Board (LGM) has agreed to terminate the project.