Nehemiah to go for listing when time is right
KUALA LUMPUR Home supply and construction of We plan to raise capital
grown company Nehemiah its own patented proprietary
Reinforced Soil Sdn Bhd is retaining wall system called
aiming for a listing on Bursa Nehemiah Anchored Earth
Securities in the next few Wall
years Since its inception in 1993
We plan to raise capita Nehemiah Reinforced Soil
through the capital market has grown by leaps and
when time permits At the bounds and has exported its
moment every market technology overseas to
seems volatile its Singapore Sri Lanka
managing director Dr If Bangladesh and India
Nehemiah Lee told Bernama We will begin to export
recently our technology in a big way
We have a plan to spread from nextyearonwards he
our wings to other parts of added Besides Malaysia Dr
the world including Hong Lee also holds a patent for
Kong Pakistan Kazakhstan Nehemiah Wall in
and Vietnam he said The Australia India and Korea
company s Reinforced Soil It is interesting that
technology is a homegrown Australia is using our
technology while Dr Lee is technology With this we
the patent holder are saying that local
It specialises in thedesign company is now capable of
exporting its technology
overseas said Dr Lee
The company s staff
strength comprises 60
experienced and highly
— competent engineers and
project coordinators with
Nehemiah Wall will be
construction specifications
besides technical advice and also applied to some cross
through the capital assistance during section of a railway
market when time construction embankment for the MMC
Nehemiah Reinforced Soil
Gamuda double tracking
permits At the moment posted a revenue of RM39 railway project
million in 2007 RM22 The tallest Nehemiah Wall
every market seems million in 2006 and RM19
ever in Malaysia was built
volatile million in 2005 Its profit is in Cameron Highland with
in the range of about 10 per a height of 20 5 meters
Dr Ir Nehemiah Lee managing director
cent of the revenue According to Dr Lee
Some of its major clients Nehemiah Wall was more
include MMC Corp Gamuda cost effective compared to
most of them being Bhd 1JM Corp MTD Capital conventional types of earth
Bumiputeras It provides and Sunrise Group retaining structures
engineering services to The Nehemiah Wall The cost savings can be
assist in the design technology has been mostly as much as 30 per cent
computations analysis and employed in projects like depending on the height of
preparation of drawings highway interchanges the wall and the prevailing
from design concepts to the bridge abutments and subsoil condition The time
final construction drawings highways going through taken for construction of a
Nehemiah also gives mountainous terrain like wall is much faster than for
assistance in the KL Karak highway and conventional earth
preparation of material and Second East West highway retaining structures as
casting of panels can be
independently done while
site preparation and
foundation work is going on
The erection of the wall
can proceed simultaneously
with the back filling thus
saving valuable time up to
half a required time
Only a few skilled and
semi skilled labourers are
needed The construction
procedure is highly
mechanized and hence the
time required for erection is
short Dr Lee explained
Nehemiah Reinforced Soil
claimed that it is a market
leader in the local reinforced
soil technology with about
45 per cent market share
overtaking even foreign
player Reinforced Earth
Bernama