Kuala Lumpur, February 4, 2020 – Amid many challenges and external factors affecting the global economy, Eversendai is off to a great start in 2020 winning new contracts. With more than RM10 Billion in tender book, there are many more interesting projects to come in this year.
Eversendai Corporation Berhad, announced today that it has secured six new projects worth RM323 million by its group of companies in Malaysia, India and Qatar. The Group has increased the value of its order book to approximately RM1.87 billion inclusive of the new wins, which would enhance the bottom line for 2020.
The newly secured contracts include a structural steel link bridge connecting two buildings and structures for a retail leisure commercial project in Kuala Lumpur. Eversendai have also secured the structural steel works for a commercial building project in Hyderabad, India. The Group continues to strengthen its position in the Middle East by securing 3 new contracts in Qatar for a commercial building podium structure; a hotel and a mixed-use building project.
“Our business philosophy is to not depend on a single market or client,” said Tan Sri A K Nathan, Executive Chairman and Group Managing Director. “With our established business clientele and market, we are confident to fortify our strengths and maintain sustainable growth going forward,” he added.
“As we move forward to new frontiers, we will continue to uphold our integrity, discipline, dedication and commitment in all our undertakings to maintain our position as the global niche market leader”, he affirmed.