Hi, my name is Eric.

Well, as much as I would like to say "Genius, Playboy, Billionaire, Philanthropist", I am not all of it - at least not yet. I have a passion for construction and property, travel, food and shopping. Well, I am really not a blogger. I do blog every now and then, on all kinds of things, sometimes to address the media, well, sometimes just to post up updates of my projects. Through this blog - I shall try to keep the investors, shareholders, employees, colleagues, partners and the public updated on what Crest Builder is up to.

BUILDERS OF DISTINCTION

The Group strives to be the preferred builders of its valued clients.

STRONG PORTFOLIO

30 years of strong history and portfolio.

BUILDING LANDMARKS

Building the country's landmark buildings since 1983.

TEAMWORK

There is no 'i' in TEAM, and at Crest Builder, we work as a team.

BRANDED PROJECTS

The Group has been associated with various projects of high brand values.

GOOD PRACTICE

The Group constantly maintains a good construction practice for all its projects.

GOING GREEN

The Group maintains an environmental friendly approach to construction practices.

THE QUALITY BUILDER

The Crest Builder Group is always associated with distinctive standards of quality.

THE DETAILED BUILDER

Our focus on the details has been one of our strong credentials.

SATISFACTION GUARANTEED

The Group strives to provide its valued clients with the best service.

WIDE SPECTRUM OF CLIENTS

The Group has been working closely with both the public and the private sector in the 30 years of operations.

BRANDING

The Group is always associated with prominent projects to enhance the company's brand value.

SUSTAINABILITY

The Group is committed to sustainable practices in construction.

THE SOLUTION PROVIDER

Crest Builder strives to provide the optimum solutions and innovations to every project.

21 March 2019

31 January 2019

Crest Builder bags RM99.6m contract to build a hotel at Jln P Ramlee.


KUALA LUMPUR (Jan 31): Crest Builder Holdings Bhd's unit has bagged a contract worth RM99.6 million to construct a 26-storey hotel at Jalan P Ramlee in the heart of Kuala Lumpur. In a filing to Bursa Malaysia this evening, Crest Builder said the contract was awarded to Crest Builder Sdn Bhd by Techvance Properties Management Sdn Bhd. 

The contract period is for 27 months, starting from Feb 18, 2019. The contract is expected to contribute positively to the earnings of the group for the financial year ending Dec 31, 2019 and onwards. It was previously reported that AmFIRST Real Estate Investment Trust had sold a 13-storey office building at Jalan P Ramlee for RM36 million to Techvance back in December 2015. The property at that time was known as the AmBank Group Leadership Centre. 

In a separate statement, Crest Builder said this contract win will boost its outstanding order book to about RM950 million, which will provide earnings visibility for the next three years. 

"We are delighted to have secured our first contract for 2019. Despite the challenging condition of the industry, we will continue to work hard and actively bid for more sustainable margin projects to replenish our order book. With our strong outstanding order book of approximately RM950 million, we expect this project to contribute positively to our top-line and bottom-line growth for the next few years," said Crest Builder group managing director Eric Yong. 

Crest Builder shares closed 0.5 sen or 0.6% higher at 88 sen today, for a market capitalisation of RM148 million.