Eversendai up 1.23% on cutting first steel for European wind renewable project

TheEdge Wed, Sep 18, 2019 10:48am - 4 years View Original


KUALA LUMPUR (Sept 18): Eversendai Corp Bhd shares gained 1.23% in thin trade at mid-morning today after it announced the start of work for its first European offshore wind renewable project intended for Petrofac and Holland's transmission system operator Tennet.

At 10.15am, Eversendai added 0.5 sen to 41 sen with 81,900 shares traded.

Eversendai said its unit Eversendai Offshore will be carrying out the engineering and fabrication of the six-leg jacket structure for Hollandse Kust Zuid Alpha in its 550-metre waterfront and 200,000sq m fabrication yard in RAK Maritime City, Ras Al Khaimah, UAE.

It said the jacket will be a part of a wind farm located in Europe North Sea's Hollandse Kust Zuid grid connection in the Netherlands.

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