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Crest Builder: background and track record

The facts

Crest Builder projects on our list

History and founding

Crest Builder was founded in 1983 by the late Mr. Yong Soon Chow as a small construction firm with fewer than ten employees (Annual Report 2025). Its milestones page records the completion of Ampang Puteri Specialist Hospital and Damansara Specialist Hospital in 1995-1997 as the group's 'big break'. The listed holding company, Crest Builder Holdings Berhad, was incorporated on 9 March 2002 and listed on the Main Board of Bursa Malaysia on 12 June 2003 after a corporate and debt restructuring scheme through which it took over the listing status of MGR Corporation Berhad. Its first own property development, 3 Two Square in Petaling Jaya, was completed in 2007. [source]

• the late Mr. Yong Soon Chow — Founder (1983)
• Koh Hua Lan — Co-founder of Crest Builder Group; Executive Director (on Board since 26 February 2003)

How the company grew

1983-2002

Pure construction company; completed Ampang Puteri Specialist Hospital and Damansara Specialist Hospital (1995-1997).

2003-2011

Listed in 2003 and diversified into property development; maiden development 3 Two Square completed 2007; Alam Idaman (Shah Alam) launched 2010; RM285 million UiTM Tapah PFI secured 2011.

2012-2020

Awarded the Dang Wangi LRT station redevelopment (2012, GDV RM1.04 billion at the time) and a Kelana Jaya LRT station JV LOA (2013); construction contracts for Sime Darby, UDA, Perdana ParkCity and others; bought RM55 million land at Bandar Bukit Tinggi, Klang (2019).

2021-2026

Took full ownership of Intan Sekitar (2021); launched Interpoint at Bandar Bukit Tinggi (2023); losses in FY2021-2023 followed by profits in FY2024-2025 and record revenue of RM673.2 million in FY2025; Latitud8 at Dang Wangi relabelled CENTRIX. [source]

Listing and corporate changes

• 2002-03-09 — Crest Builder Holdings Berhad incorporated as a public limited company under the Companies Act 1965. [source]
• 2003-06-12 — Listed on the Main Board of Bursa Malaysia (now Main Market, stock code 8591) after a corporate and debt restructuring scheme, acquiring the listing status of MGR Corporation Berhad. [source]
• 2012-10 — Bonus issue of warrants (three for every ten shares) and 10% placement.
• 2025-06-06 — Private placement of 48.0 million new shares at RM0.50 each (RM24.0 million gross); Dato' Joseph Lau (Group CEO of Perdana ParkCity) became an 11.1% shareholder. [source]

Track record in numbers

As at Annual Report 2025 (financial year ended 31 December 2025; report dated around April 2026), as stated in the company's filings.

Completed developments

Ongoing and upcoming developments

Delivery record (from official documents)

• Alam Idaman — Launched in 2010; completed and handed over to buyers in January 2013 (company website).
• 3 Two Square — Completion of the RM300 million flagship development recorded under 2007.
• CENTRIX / Latitud8 — AR2022: GDV of 'Latitud8, Dang Wangi' revised down from RM946.1 million to RM743.3 million 'to reflect the current market conditions'. AR2024: GDV RM946.7 million, status 'Commenced demolition works'. AR2025: listed as CENTRIX, GDV RM1,200.1 million, 9% complete. [source]
• Interpoint @ Bandar Bukit Tinggi — 48% complete and 80% of units sold as reported in AR2025 (AR2024: 29% complete, 71% sold). [source]
• Construction (third-party) — Highest QLASSIC score 88% at Maya Ara Residences, Ara Damansara; previous 87% Allevia Mont Kiara and 86% South Brooks and Capri Hotel. [source]

Certifications

• ISO 9001:2015 (construction services for building and infrastructure) — Group construction services (Stated in AR2025)
• QLASSIC score 88% (highest to date) — Maya Ara Residences (built as contractor) (Stated in AR2025)

Financial snapshot (listed company filings)

Questions

Background facts come from annual reports, Bursa Malaysia filings, the company's own About page and news reports; last checked 17 October 2026. We do not rate developers.