KUALA LUMPUR: Eversendai Corp Bhd shares fell in early trade on Wednesday after its Trojena Ski Village contract in Saudi Arabia was terminated amid escalating Middle East tensions.

The counter dropped 23.94%, or 8.5 sen to 27 sen at 9.41am, bringing its year-to-date decline to about 35.7%. It was also among the most actively traded stocks on Bursa Malaysia, with 20.55 million shares changing hands.