KUALA LUMPUR, May 14 (Bernama) -- Nehemiah Reinforced Soil Sdn Bhd, a
specialist contractor involved in infrastructure construction work, is on track
for a public listing on Bursa Malaysia in about three years, its Senior General
Manager, Tan Cheng Chong, said today.
He said the company''s performance in the past two years has been on track.
"We are expecting an above average financial year for 2011," he told Bernama
when he revealed that the company''s balance book order, year-to-date, stood at
RM99 million.
The company recently re-entered India by securing a RM16 million project in
Vijayawada, Andhra Pradesh, which will span over 15 months.
"This project is the culmination of our persistent bidding for the past 12
months and reflects well on our plans to make major inroads into the huge Indian
market.
"The six-lane toll highway project started end of last year and will
involve 80 kilometres or 110,000 sq metres of Nehemiah Walls along the highway,"
said Tan.
Having accumulated 18 years of experience in Malaysia, he said the company
was now ready to spread its wings further.
"We have already set up an office based in Delhi to tender for major
government projects.
"The response so far has been very positive," he said.
Another project was also recently completed in Tanah Grogot in Kalimantan,
Indonesia, the end of last year.
"We are also very upbeat about the prospects in the Indonesian market," Tan
added.
On the local front, Nehemiah Reinforced Soil is currently involved in the
double tracking project for both the northern and southern parcels, where the
company has completed 30 per cent and 70 per cent, respectively.
"This is a project totalling 300,000 sq metres with a contract value of
RM70 million," said Tan.
Recently, the company also successfully completed the Kuala Lumpur – Kuala
Selangor Expressway, and is currently constructing the South Klang Valley
Expressway, amongst others.
-- BERNAMA
SHY VMD
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