CRESBLD

0.490

-0.01 (-2%)

OTHERS AWARD OF CONTRACT

CREST BUILDER HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
AWARD OF CONTRACT

AWARD OF CONTRACT

 

1.0   Introduction

We are pleased to announce that Crest Builder Sdn Bhd, a wholly owned subsidiary of Crest Builder Holdings Berhad ("Crest Builder" or the "Company") has been awarded a contract by Perdana Parkcity Sdn Bhd for the Construction of one block of an office tower with podium and retail spaces at Lot PT50100, Jalan Medan Residen, Desa Parkcity, Mukim Batu, Wilayah Persekutuan Kuala Lumpur, for a contract sum of RM 299.39 million(the "Contract")

 

2.0   Duration of The Contract

The contract period set out in the letter of award is thirty-six months (36). The date of commencement will be from 18 July 2026 to 17 July 2029.

 

3.0   Share Capital and Substantial Shareholder's Shareholdings

The Contract will not have any effect on the issued and paid-up share capital of Crest Builder and on the substantial shareholder's shareholdings of Crest Builder.

 

4.0   Earnings and Net Tangible Assets ("NTA")

The Contract is expected to contribute positively to the earnings of the Group for the financial years ending 31 December 2026 and onwards.

 

5.0   Director's and Substantial Shareholder's Interest

As far as the Directors of the Company are aware, none of the Directors and/or substantial shareholders of Crest Builder and/or any persons connected to the Directors and substantial shareholders of Crest Builder have any interest, direct or indirect in the Contract.

 

6.0   Statement by The Directors

The Directors of the Company are of the opinion that the acceptance of the Contract is in the best interest of the Company.

 

This announcement is dated 24 November 2025.






Announcement Info

Company Name CREST BUILDER HOLDINGS BERHAD
Stock Name CRESBLD
Date Announced 24 Nov 2025
Category General Announcement for PLC
Reference Number GA1-24112025-00017