It is targeting to sscure between rm200
million and rm400 million in new contracts by end of 2012.
The company is currently bidding for
several contracts which are mainly building jobs and infra jobs mostly in Klang Valley.
Its construction order book currently
stands at around rm1 billion.
Its key activity is in construction but it
is hoping its property development division will grow in future.
Its main driver for its property
development division will be the redevelopment of the Dang Wangi LRT station
and the development of the 2.2ha owned by MRB along Jalan Ampang.
The Dang Wangi and Jln Ampang developments
have an estimated GDV of rm1.04 billion and rm1.3 billion respectively.
Expects the two projects to start
contributing to Crest Builder’s earnings by 2014.
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