• Sunday , 23 June 2024

Eversendai Bags RM406 Million New Contracts

Kuala Lumpur, January 10, 2019 – Eversendai ushered in 2019 with RM406 million worth of new contracts through its group companies in Singapore, India and Qatar.

The newly secured contracts include a hi-tech data processing and computing facility project in Singapore, a state-of-the-art secretariat building which features two 45-storey towers in India, and grating support structures works for an arch along the Lusail Expressway in Qatar.

Tan Sri A K Nathan, Executive Chairman and Group Managing Director of Eversendai Corporation Berhad recognises that the business environment has to be managed according to current trends and global economic cycles. With foresight, Eversendai was able to mitigate the challenges via its knowledge and experience gained dealing in the markets it operates in.

“Credit goes to our prudent and tireless management staff, bankers and clients for their continuous hard work and support. Our strict adherence to safety, quality and timely completions of entrusted projects have greatly contributed to our progressive growth. We will focus to develop the business without compromising our basic philosophy and fundamental values”, he added.

The core business tender book stands at RM10 billion with approximately RM2.5 billion order book to keep Eversendai busy going forward.