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.
The Group strives to be the preferred builders of its valued clients.
30 years of strong history and portfolio.
Building the country's landmark buildings since 1983.
There is no 'i' in TEAM, and at Crest Builder, we work as a team.
The Group has been associated with various projects of high brand values.
The Group constantly maintains a good construction practice for all its projects.
The Group maintains an environmental friendly approach to construction practices.
The Crest Builder Group is always associated with distinctive standards of quality.
Our focus on the details has been one of our strong credentials.
The Group strives to provide its valued clients with the best service.
The Group has been working closely with both the public and the private sector in the 30 years of operations.
The Group is always associated with prominent projects to enhance the company's brand value.
The Group is committed to sustainable practices in construction.
Crest Builder strives to provide the optimum solutions and innovations to every project.
The Company is as old as I am, and we will both go into our 40th year next year. Over the years, the Crest Builder Group has grown and evolved tremendously. When my late father started the company, we used to build government schools, army camps and some basic infrastructure projects such as bridges and roads.
Soon after, we started to head towards the 'building' category direction - this was the time when everyone else was jumping onto major and mega infrastructure projects, especially the North South Expressway. Those who went into these mega projects mostly grew exponentially.At Crest Builder, my late father had always believed in steady growth - and it was only until 2003 when we were listed on the Bursa Malaysia. Thereafter, we 'rebranded' ourselves into a building specialist, specifically high rise category. Our fleet of machineries comprising both landed and high rise sectors were mostly converted into mobile cranes, passenger hoists, and tower cranes. Today, we owned more than 30 tower cranes, with over 25 swinging all over Klang Valley's skies today.We have also ventured into boutique property development, where we have completed various developments exceeding over RM2bil worth. Our next main launch will be the RM500mil GDV mixed development - Interpoint at Bandar Bukit Tinggi II, Klang. We will be launching and kicking off the ground works within the next 3 months. Construction works remains as our main bread-and-butter contribution to the revenue. We are pushing and targetting for double-digit percentage growths for the coming years.The Group continues to evolve and expand, and we will be expanding our team as well. We continue to welcome new talent to the Group.
KUALA LUMPUR (Nov 29): Crest Builder Holdings Bhd said on Monday that it has bagged a construction contract for a service apartment with carpark worth RM107.5 million from Sime Darby Property (Ara Damansara) Sdn Bhd.
Crest Builder said in a bourse filing that its wholly-owned subsidiary Crest Builder Sdn Bhd has been awarded for the construction of one block service apartment with car park podium at Ara Damansara, Mukim Damansara, Daerah Petaling, Selangor Darul Ehsan.
The contract period is thirty-three months from Oct 22, 2021 to July 21, 2024.
Crest Builder said the contract is expected to contribute positively to the earnings of the group for the financial years ending Dec 31, 2021 and onwards.
Crest Builder closed one sen or 1.83% lower at 53.5 sen on Monday (Nov 29), valuing the group at RM96.42 million.
Source
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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