Eversendai extends rally to five-year high as investors rack up shares
On Wednesday, the steel structure fabrication company announced that it has secured four new contracts in Saudi Arabia, the United Arab Emirates and India.
On Wednesday, the steel structure fabrication company announced that it has secured four new contracts in Saudi Arabia, the United Arab Emirates and India.
Eversendai executive chairman and group managing director Tan Sri AK Nathan: Despite going through a very challenging period in the last few years, exasperated by Covid-19 and its related impacts, Eversendai is optimistic that the group will be able to strongly rebound as a result of the record high order book, which will translate in optimum utilisation of all the group's fabrication facilities.
Its wholly owned unit Eversendai Engineering Sdn Bhd (EESB) received the winding-up petition letter from IRB on Feb 21, claiming a total of RM1.
The group registered a net profit of RM57.
Eversendai said the loss included an unrealised foreign exchange loss of RM53.
KUALA LUMPUR (Oct 1): Eversendai Corp Bhd executive director Narishnath Nathan has been redesignated as deputy group managing director of the group effective immediately.
KUALA LUMPUR (May 19): Eversendai Corp Bhd's chief financial officer (CFO) Yau Wen Chin resigned from his post today, just over six week after he was appointed to the job.
KUALA LUMPUR (Sept 9): Eversendai Corporation Berhad (Eversendai) announced that it has created a world record and landmark feat in the construction industry with iconic project, the “One Za’abeel” in Dubai.
KUALA LUMPUR (April 29): Eversendai Corp Bhd has inked a memorandum of understanding (MoU) with Hyundai Engineering & Construction Co Ltd (Hyundai E&C) as global strategic partners in modular construction work for the construction and energy industries.
KUALA LUMPUR (March 11): Eversendai Corp Bhd has secured RM490.