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The company’s order book now stands at around RM570 million, and year-to-date new job wins for FY26 have totaled RM125 million, putting it within reach of its full-year target of RM600 million. Their tender book remains robust at RM1 billion.
Analysts at RHB Research reaffirm the company’s positive trajectory, noting that the RM98 million win signals a return to the industrial sector and supports a stronger target valuation of 48 sen, up from earlier estimates.
In May 2025, Eversendai secured three major new contracts across the UAE, India, and Singapore, collectively valued at RM1.3 billion, significantly boosting its order backlog. Will be monitoring SENDAI closely.