February 28, 2015 8:10 AM ET

Construction and Engineering

Company Overview of Eversendai Corporation Berhad

Company Overview

Eversendai Corporation Berhad, an investment holding company, provides steel fabrication, structural design, shop drawing, and steel erection services. The company is involved in the structural steel design, engineering, supply, and fabrication; structural steel erection services for high rise buildings, shopping malls/ retail centres, stadiums, airports, long span roof structures, industrial, power, and petrochemical plants, as well as factories, warehouses, and bridges; and installation of mechanical equipment, pressure parts, pipes ducts, clads, and control systems for power plants. It also provides procurement, fabrication, and installation of process modules and equipment for oil and ga...

Lot 19956

Jalan Industri 3/6

Rawang Intergrated Industrial Park

Rawang,  48000

Malaysia

Founded in 1982

10,000 Employees

Phone:

60 3 6091 2575

Fax:

60 3 6091 2577

Key Executives for Eversendai Corporation Berhad

Eversendai Corporation Berhad does not have any Key Executives recorded.

Eversendai Corporation Berhad Key Developments

Eversendai Corporation Berhad Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014

Eversendai Corporation Berhad announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, revenue was MYR 308,511,000 against MYR 238,257,000 a year ago. Operating profit was MYR 32,029,000 against MYR 21,780,000 a year ago. Profit before tax was MYR 22,764,000 against loss before tax of MYR 3,595,000 a year ago. Profit for the period was MYR 16,444,000 against loss for the period of MYR 9,265,000 a year ago. Profit for the period attributable to equity holders of the company was MYR 16,205,000 against loss for the period of MYR 8,885,000 a year ago. Basic Earnings per share attributable to equity holders of the company was MYR was 2.09 sen against loss per share of 1.15 sen a year ago. For the year, revenue was MYR 1,002,809,000 against MYR 965,050,000 a year ago. Operating profit was MYR 66,053,000 against MYR 86,976,000 a year ago. Profit before tax was MYR 45,789,000 against MYR 39,465,000 a year ago. Profit for the period was MYR 36,441,000 against MYR 32,670,000 a year ago. Profit for the period attributable to equity holders of the company was MYR 37,404,000 against MYR 32,636,000 a year ago. Basic Earnings per share attributable to equity holders of the company was MYR was 4.83 sen against 4.22 sen a year ago. Net cash flows generated from operating activities was MYR 63,171,000 against MYR 45,820,000 a year ago. Purchase of property, plant and equipment was MYR 105,147,000 against MYR 154,971,000 a year ago.

Eversendai Corp Bhd Bags MYR 120 million Contract

Eversendai Corp. Bhd has won its third job this year a MYR 120 million contract to build a warehouse in Penang. Last month, it won two jobs - a MYR 44 million deal to build the Nas Indoor Futsal and Volleyball Arena in Dubai, the United Arab Emirates, and a MYR 184 million contract to construct the Dhirubhai Ambani International Convention and Exhibition Centre in Mumbai, India. The company's latest job was awarded by PKT Logistics Group to construct a fourth-generation warehouse called the 12 Waves, which will be a part of the One Auto Hub in Batu Kawan. One Auto Hub is expected to be one of the large automotive logistics providers in Malaysia to cater to the needs of the automotive industry under the purview of the Northern Corridor Implementation Authority. Works on the warehouse are scheduled to start next month and completed by April next year. This is the second job that Eversendai has won from PKT Logistics. The first was a MYR 65 million warehouse contract in 2010.

Eversendai Corporation Berhad Wins Contract Worth MYR 184

Eversendai Corporation Berhad has been won contract worth MYR 184 million by Reliance Industries Ltd. of India. The scope of work for fabrication will be undertaken by Eversendai's fabrication facilities in Malaysia, Dubai and India and is scheduled to be completed by April 2016. The MYR 184 million contracts is for the supply of steel materials, connection design, engineering and fabrication for the construction of the Dhirubhai Ambani International Convention and Exhibition Centre (DAICEC) in Mumbai. DAICEC will be a mixed-use development located within the Bandra Kurla Complex, a commercial zone in the heart of Mumbai. It will house various facilities including a convention and banqueting facility; exhibition halls; a performance arts centre with a seating capacity of 2,000 people and would be capable of hosting international events and rock shows; premium service apartments; as well as prime retail and high-end commercial spaces.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 9, 2014
Eversendai Constructions (M) Sdn. Bhd.
Merger/Acquisition
March 13, 2014
Eversendai Technics Sdn Bhd
 

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