Eversendai order book RM1.6b, with RM132m Manjung job

KUALA LUMPUR (Nov 21): Eversendai Corporation Bhd’s order book has increased to RM1.60 billion with the latest contract secured by its subsidiary Shin Eversendai Engineering (M) Sdn Bhd to build part of the Manjung power plant.

It said on Monday the contract was for the boiler and auxiliary equipment for the Manjung Unit 4, which was awarded by Alstom Services Sdn Bhd.

“The contract value of this particular package is RM132 million and there are several other packages within this project that Shin Eversendai and Alstom are in negotiation currently,” it said.

Eversendai group managing director Datuk A.K Nathan said with a sturdy order book of RM1.6 billion after the inclusion of this new project, “we expect to exit FY2011 in a firmer position and have the growth visibility into FY2012 and beyond”.

He said the group was currently building the structural steel works for contact piers, sky bridge and satellite building for KLIA 2 and fabrication of pipe racks structures for Sabah Oil & Gas Terminal (SOGT) projects which have contributed to 5.0% of the overall group revenue.