Crest Builder’s turnaround progressing with new jobs


PETALING JAYA: Crest Builder Holdings Bhd is turning around nicely with its prospects supported by new job wins, a substantial outstanding order book, and positive take-up rate for its launched projects.

Rakuten Trade equity research vice-president Thong Pak Leng said the specialised construction and engineering contractor has secured four projects worth RM1.7bil, bringing the total contract value to RM2.28bil. Crest Builder has an outstanding order book of about RM1.93bil which will provide earnings visibility for the next three to four years.

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Crest Builder , property , Rakuten

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