Having built a large bulk of its fortunes
in the Middle East, it is looking at gaining
ground locally.
It is looking to expand its construction
activities.
In 2011, local jobs contributed about 7.4%
of its revenue and jobs from Middle East
accounted for 86.3% stake while 6% was from the Indian projects.
It is looking at local projects to build
high rise towers.
It is also expected to benefit from Malaysia’s
concrete landscape becoming more modern and having more structural steel
buildings in the future.
Menara Warisan Merdaka and the KLIFD as
possible projects that Eversendai could gain from.
Other sectors the group is looking at
locally include the MRT projects as well as fabrication works in the oil and
gas industry.
It has also secured two new projects in the
Middle East
Nathan holds 70% stake in the company. The
EPF holds 7% and Tabung Haji holds 3.7% stake and PNB holds 3.5%.
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