Eversendai Clinches RM196 Million Contracts in the Middle East

Kuala Lumpur, April 8, 2019 – Eversendai Corporation Berhad (“the Group”) has been awarded three new projects with a combined value of RM196 million in Abu Dhabi and Qatar. With the new wins, Eversendai brings its total contract wins to RM602 million to-date for the year 2019 lifting its order book to approximately RM2.52 billion.

The newly acquired job in Abu Dhabi involves a museum project. Eversendai was also awarded structural steel works for two high-rise building projects in Qatar.

“Our core business tender book stands at RM10 billion and we confident to win more work progressively. Eversendai is continuously looking at delving into new opportunities in inter-related industries whilst maintaining its commendable performance and track record. 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 of Eversendai Corporation Berhad.

“We remain optimistic in the regions where we operate with many new opportunities in the pipeline. With our established business clientele and market, we are confident to maintain sustainable growth”, he added.

“Regardless of how the overall global market behaves, the construction sector will keep growing according to its economic development of respective countries, I believe we are well-positioned to overcome any obstacles and stay on course to achieve our business goals”, he concluded.