This article first appeared in The Edge Financial Daily on February 5, 2020
KUALA LUMPUR: Eversendai Corp Bhd has secured six new projects worth RM323 million in Malaysia, India and Qatar, bringing its order book to RM1.87 billion.
In a filing yesterday, Eversendai said two of the contracts comprise a structural steel link bridge between two buildings and structures for a retail leisure commercial project here.
It is also undertaking structural steel works for a commercial building project in Hyderabad, India.
In Qatar, Eversendai has three contracts for a commercial building podium structure, a hotel and a mixed-use building project.
Executive chairman/group managing director, Tan Sri A K Nathan, said the company’s business philosophy is to not depend on a single market or client.
“With our established business clientele and market, we are confident to fortify our strengths and maintain sustainable growth going forward,” .
Eversendai shares rose two sen or 5.88% to 36 sen yesterday, giving the group a market capitalisation of RM281.16 million.