BRITISH Prime Minister John Major and his Malaysian counterpart Mahathir Mohamad yesterday presided over the signing of three important agreements involving Trafalgar House companies. The news will be welcomed by analysts who had predicted a turnaround for the struggling British leisure and construction group this year, following Hongkong Land's acquisition of a 25 per cent stake in the group. The first agreement is between Edaran Otomobil Nasional (EON) and Trafalgar House Construction to invest in a structural steel fabrication facility in the Klang Valley. The plant will begin fabrication late next year, with capacity to produce 12,000 tonnes of fabricated steel a year. The new company, Cleveland EON Asia, will work with Trafalgar House's other structural steel fabrication companies in Britain and Dubai. The second deal signed is for a GBP120 million (about HK$1.42 billion) turnkey contract awarded to John Brown (Malaysia) to design and build a 330 megawatt, gas-fired power station in Pasir Gudang for Tenaga Nasional. The third is a memorandum of understanding to confirm on-going involvement of the Anglo Japanese Airport Consortium (AJAC) in the M$9 billion (about HK$27 billion) Kuala Lumpur International Airport development at Sepang. AJAC - comprising Trafalgar House Construction, Balfour Beatty, Gammon, G-Mats and Marubeni - already has carried out a master plan study and a GBP23 million contract for the design and engineering development of the airport. Following the signing ceremony, Trafalgar House director John Fletcher said: ''These agreements are significant in consolidating the position of Trafalgar House's engineering and construction divisions in the important market of Malaysia. ''We are particularly proud to be involved in our second power-generation project. and to be associated with this further development of the Malaysian power industry. ''Our investment in the steel fabrication facility in joint venture with Edaran reflects our long-term commitment to the prosperity of this rapidly developing nation.''