Eversendai order book hits RM2.5b


Eversendai executive chairman and group managing director Tan Sri A K Nathan.


KUALA LUMPUR: Structural steel turnkey contractor Eversendai Corporation Bhd has secured contracts worth RM1.8bil for 2016, to date.

It said on Monday its  current order book was RM2.5bil and tender book RM20.8bil.

Eversendai said its latest total secured projects in the Middle East, India and South East Asia have been progressing as scheduled, surpassing Eversendai’s record.

Amongst the new projects secured in September 2016 were The Royal Atlantis in Dubai, Al Wakrah Bypass, ITS Gantries in Qatar, Rupa Renaissance, Mumbai and Ameerpet & MGBS Stations, Hyderabad in India. The others were the Sinohydro-Jimah Project: Steam Turbine & Center Control building in Malaysia and New State Courts in Singapore.

Eversendai executive chairman and group managing director Tan Sri A.K. Nathan highlighted that Eversendai has re-entered the Singapore market by winning the New State Courts Project in Singapore, after a lapse of 10 years.

“There are a few other projects in the pipeline which we are seriously working towards concluding.

“We recognise that the business environment will always have its challenges according to economical cycles. However, Eversendai’s expertise and extensive experience with enviable reputation dealing in these markets will take us through,” said Nathan.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Asian stocks surge; yen extends gains to cap wild week
Syed Hamid Albar steps down as WIEF chairman
DNB, Ericsson catalyse digitalisation for enterprises
FBM KLCI poised to end week on high note
UUE inks underwriting deal with M&A Securities
NCT Group enters MoUs with Smartsel and Mikro
Pasukhas climbs 35% on contract news
Ringgit jumps 225 basis points at opening on mixed US economic data
Sustained buying interest boosts FBM KLCI
Trading ideas: Pasukhas, BHIC, JAKS, Protasco, Sarawak Cable, Epicon, Annum, Yinson, Ajinomoto

Others Also Read