Eversendai Corporation Berhad announced that its subsidiaries in Kingdom of Saudi Arabia (KSA), United Arab Emirates (UAE) and India have secured new projects worth MYR 5.4 billion. In UAE, its subsidiary company, Eversendai Mega Structure FZ LLC secured the structural steel scope for the Wynn Al Marjan Island Integrated Resort Development in Ras Al Khaimah which will feature a 1,500 rooms luxury hotel with world-class shopping, meeting and convention facilities, bespoke restaurants and lounges, extensive entertainment choices and other amenities. Its subsidiary company in India has secured two (2) structural steel projects which includes the Rupa IT Building and the Rupa Crystal IT Building.

With the above new projects, the Group?s current outstanding order book is MYR 6.6 billion, a record in ECB history. The Board is of the opinion that the above new projects are expected to contribute positively to the net assets and earnings of the Group for the financial year ending 31 December 2024 and onwards until the completion of the projects. The contracts will not have any effect on the share capital or substantial shareholders?

shareholdings.