Thursday, September 22, 2011

Eversendai subsidiaries secure RM371m contracts

KUALA LUMPUR: Eversendai Corporation Bhd' subsidiaries have secured''RM371 million contracts for projects in India and Middle East.

The company said on Thursday, Sept 22 that Eversendai CONSTRUCTION [] Pte Ltd was appointed as major sub-contractor to Samsung C&T Pvt Ltd for the shell and core works related to the Worli mixed use development in Mumbai, India.

Eversendai said the scope of works includes the reinforced concrete works for the sub-structure and superstructure with a contract value of RM272.35 million.

It said another subsidiary, Eversendai Engineering Qatar WLL was appointed a sub-contractor to Consolidated Contractors Group S.A.L. (Offshore) (CCC) / Teyseer Contracting Company WLL for the structural steel works at the Qatar Faculty of Islamic Studies (QFIS) Project in Doha, Qatar.

EV Qatar's scope of works includes the overall structural steel works with a contract value of RM39.43 million.

It added that Eversendai Engineering LLC of Duba was appointed sub-contractor to Larsen & Toubro Ltd for the structural steel works at the Salalah Airport expansion project in Oman.

EV Dubai's scope of works includes the overall structural steel works with a contract value of RM58.72 million.

'The contract is expected to contribute positively to the earnings of Eversendai group for the financial years ending Dec 31, 2012 and future years,' it said.

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