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KUALA LUMPUR (May 14): Zelan Bhd  is actively participating in tenders for local construction projects, that which includes the Pengerang project down south in Johor.

Speaking to the press after its annual general meeting earlier, managing director Adnan Mohammad said that Zelan is looking for more local projects to bump up its order book, in hopes to put Zelan back on a firmer financial footing.

“We are trying to put Zelan back on track, and we are looking more of local projects. This is part of our initiative to turn Zelan around to see better numbers on our operating [profit] level,” he said.

Zelan’s order book currently stands at RM1.1 billion, which is able to last the group until 2017.

Part of its order book includes the RM248.5 million Material Off-Loading Facilities jetty at Tanjung Setapa, Johor, for the Refinery & Petrochemical Integrated Development project in Pengerang, Johor, which Zelan secured last year July.

ZELAN (2283)

http://www.theedgemarkets.com
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