Crest Builder disposes of Mont Kiara land for RM34m
28 Jun 2018 / 23:19 H.
PETALING JAYA: Crest Builder Holdings Bhd is selling a piece of land measuring about 1.189 hectares in Mont Kiara, Kuala Lumpur for RM34 million.
The group said its wholly owned subsidiary Nepfield Sdn Bhd had entered into a sale and purchase agreement with Sunrise Pioneer Sdn Bhd for the disposal.
Crest Builder is expected to realise a gain of RM15.24 million. The disposal proceeds will be used for working capital.
Its shares closed unchanged at 94.5 today on 29,200 shares done.