【CRESBLD 8591 交流专区】克立斯建筑

icy97

Type	Announcement
Subject	OTHERS
Description	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 Kiaramas Development Sdn Bhd for the Construction of 3 blocks of condominiums with car park podium at Lot 3666, 3667 and 3668, Jalan Desa Kiara, Mukim Batu, Kuala Lumpur for a contract sum of RM 486.00million(the "Contract") 2.0   Duration of The Contract The contract period set out in the letter of acceptance is forty-two months (42) from 2 May 2024 to 1 November 2027. 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 2024 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 23 April 2024.