Zelan Wins Rm802m Job In Uae Zelan Wins Rm802m Job In UaeBernama A ZELAN Bhd’S wholly-owned subsidiary has been awarded a 925.3 million dirham (RM801.779 million) contract for package 2 of the Meena Plaza construction in Abu Dhabi, United Arab Emirates (UAE). In a statement, Zelan said Zelan Holdings (M) Sdn Bhd and its joint […]
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Zelan Shows Its Mettle In Extreme Engineering
Zelan Shows Its Mettle In Extreme Engineering Zelan Shows Its Mettle In Extreme Engineering22 September 2007 HANGAR 06 at the Kuala Lumpur International Airport in Sepang is an engineering marvel. It holds the record of being the world’s longest column-free hangar, spanning 231 metres wide and standing more than 10 storeys tall. The hangar was […]
Read More →Moving Up Value Chain
Moving Up Value Chain Moving Up Value ChainAsia Pacific Market We initiate coverage on Zelan with a BUY recommendation and a RNAVbased target price of RM13.00. The construction company is in a sweet spot – profit margin to expand as it moves up the value chain in power plant construction and benefiting from new plant […]
Read More →Zelan To Balance Local And Overseas Projects
Zelan To Balance Local And Overseas Projects Zelan To Balance Local And Overseas ProjectsThe Edge KUALA LUMPUR: ZELAN BHD [ ] will strategise its future business operations towards striking a balance in contribution from both its overseas and domestic projects, its chairman Datuk Anwar Aji said. He said overseas projects currently accounted for more […]
Read More →Zelan Aims To Be Niche Player In Ipp Industry
Zelan Aims To Be Niche Player In Ipp Industry Zelan Aims To Be Niche Player In Ipp Industry29 August 2008 KUALA LUMPUR: Construction major Zelan Bhd hopes to be a niche player in the power generation business, particularly in the construction of power plants in the region, where there is great demand for power infrastructures […]
Read More →Power Player At Home And Beyond
Power Player At Home And Beyond Power Player At Home And BeyondNews Strait Times Biz Focus – Saturday, 31 October 2007 Way back, on September 29 1992, when Peninsular Malaysia was plunged into a nine-hour blackout, two civil engineers and a marketing man saw the light in power plant construction. Tan Cheng Huat, Lam Kar Keong […]
Read More →Zelan To Develop 33storey Condominium Next To Hampshire Residence
Zelan To Develop 33storey Condominium Next To Hampshire Residence Zelan To Develop 33storey Condominium Next To Hampshire ResidenceBusiness Times ZELAN Bhd is developing another 33-storey condominium block worth RM169.38 million, in the Kuala Lumpur city centre following its success with Hampshire Residences. In a statement made available to Business Times yesterday, Zelan said its unit […]
Read More →Sr7 Billion Deals Signed For Water, Power Projects
Sr7 Billion Deals Signed For Water, Power Projects Sr7 Billion Deals Signed For Water, Power ProjectsArab News RIYADH – A consortium comprising ACWA Power Projects, Gulf Investment Corporation and Mitsubishi Corporation signed here yesterday a series of agreements with Water and Electricity Co. (WEC) for the setting up of the Shuqaiq Independent Water and Power […]
Read More →Unleashing Its True Potential
Unleashing Its True Potential Unleashing Its True PotentialMacquarie Research Equities Event We initiate coverage on Zelan Bhd with an Outperform rating and a target price of RM14.00, representing upside of 56%. Impact Zelan ready to take on the world. Exciting times lie ahead for Malaysia’s power plant construction specialist, Zelan. Having established a successful track […]
Read More →Zelan Bids For Indon, Botswana Projects
Zelan Bids For Indon, Botswana Projects Zelan Bids For Indon, Botswana Projects KUALA LUMPUR: Zelan Bhd is bidding to build new power plants in Indonesia and Botswana, which would have a combined power generation capacity of 1,800 megawatts (MW), chief executive officer Albert Chang said. The company has started work on the RM2.1bil two 300-MW […]
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