Eversendai Berhad has announced that its subsidiaries in Kingdom of Saudi Arabia, United Arab Emirates and India have secured new projects worth RM5.4 billion.
Its subsidiary company, Eversendai Engineering Saudi LLC in collaboration with Albawani Company Limited has secured the first structural steel signature building from NEOM for the Trojena Ski Village in the Kingdom of Saudi Arabia.
The scope of work consists of engineering, connection design, material supply, fabrication and installation of structural steel, precast and concreting, metal decking and fireproofing for the iconic mountain resort in Trojena’s Ski Village.
Separately, UAE, its subsidiary company, Eversendai Mega Structure FZ LLC secured the structural steel scope for the Wynn Al Marjan Island Integrated Resort Development in Ras Al Khaimah which will feature a 1,500 rooms luxury hotel with world-class shopping, state-of-art meeting and convention facilities, bespoke restaurants and lounges, extensive entertainment choices and other amenities.
As for its subsidiary company in India, the company has secured two structural steel projects which includes the Rupa IT Building and the Rupa Crystal IT Building.
With the above new projects, the Group’s current outstanding order book is RM6.6 billion, a record in ECB history.
The Board said it is of the opinion that the above new projects are expected to contribute positively to the net assets and earnings of the Group for the financial year ending 31 December 2024 and onwards until the completion of the projects.
