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Crest Builder bags RM192m construction job from UEM Sunrise unit

KUALA LUMPUR (Oct 7): Crest Builder Holdings Bhd has bagged a construction job worth RM192.07 million for a proposed two-block condominium project in Mukim Batu here, from UEM Sunrise Bhd's wholly owned subsidiary, Allevia Sdn Bhd.

The project involves the construction of one 45-storey condominium block and another 40-storey condominium block, including two levels of underground car park and eight levels of podium, with seven levels of car park and one level of recreation facility.

In a statement, Crest Builder said the job — its first construction contract secured this year — is for 35 months starting from Dec 1, 2021, to be completed by Oct 31, 2024.

Its outstanding order book now totalled RM900 million, it said, which would provide it with earnings visibility for the next three years.

Crest Builder shares closed 4.5 sen or 7.69% higher at 63 sen on Thursday, bringing the group a market capitalisation of RM111 million.

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