Money
Crest Builder share among top actives in early morning session
Malay Mail

KUALA LUMPUR, Dec 20 — Crest Builder Holdings Bhd’s share was among the most active stocks traded this morning as the company is believed to have won a bid to develop the vacant land around the Kelana Jaya LRT station.

It was reported that the project, in a tie-up with Syarikat Prasarana Negara Bhd, was expected to have a Gross Development Value of RM1 billion.

The agreement would be Crest Builder’s second joint venture with Prasarana to legalise the public transport owner and operator’s landbank along rail lines.

At 9.41am, the investment holding company’s share was three sen higher at RM1.55 with 3.442 million lots changing hands. — Bernama

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