corporate

Eversendai hits high of 46 sen after RM5.4bil worth of contract wins

KUALA LUMPUR: Eversendai Corp Bhd's share price hit a high of 46 sen in active trading today after it announced four contract wins worth RM5.4 billon yesterday.

It was the third most actively traded stock of the market with some 116.9 million shares changing hands.

It settled 1.28 per cent higher at 39.5 sen at midday break.

Eversendai's warrants were the second most actively traded securities on the market.

The steel structure fabrication company's all-time high was RM1.80 back in 2011.

In a filing with Bursa Malaysia Securities yesterday, Eversendai said its units in Saudia Arabia, United Arab Emirates and India bagged contracts worth RM5.4 billion, bringing its outstanding order book to a record high of RM6.6 billion.

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