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This article first appeared in The Edge Financial Daily on April 9, 2019

KUALA LUMPUR: Eversendai Corp Bhd has clinched three new projects with a combined value of RM196 million in Qatar and Abu Dhabi, in the United Arab Emirates.

In a filing to Bursa Malaysia yesterday, Eversendai said the latest projects took its total contract wins to RM602 million to-date for 2019, lifting its order book to approximately RM2.52 billion.

It said its subsidiaries, Eversendai Engineering Qatar WLL and Eversendai Engineering LLC, Dubai, were awarded the projects in Qatar and Abu Dhabi, respectively.

The newly-acquired job in Abu Dhabi involves a museum project.

It was also awarded structural steel works for two high-rise building projects in Qatar.

In a separate statement, Eversendai’s executive chairman and group managing director, Tan Sri AK Nathan, said the group’s core business tender book stands at RM10 billion and that it is confident to win more work progressively.

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