Eversendai admits mistake and moves on to focus on jobs worth RM1.5bil

By NADYA NGUI

KUALA LUMPUR: Having suffered losses from oil and gas (O&G) investments, Eversendai Corp Bhd is seeking to put the past behind it by focusing on new projects worth RM1.53bil secured in the last eight months.

Major shareholder and executive chairman Tan Sri A.K. Nathan said the company had made a mistake in the S$24.69mil (RM74mil) investment in Singapore-based Technics Oil & Gas Ltd in November 2012.

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Business , eversendai

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FBM KLCI

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1.29

0.09%

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FBMKLCI
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1513.23
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  • SymbolOpenHighLowLastChg%ChgVol ('00)
    HSI-PWD1 0.180 0.210 0.165 0.210 0.03520.002,453,407
    HSI-CWEJ 0.220 0.230 0.185 0.185 -0.045-19.572,085,828
    HSI-CWED 0.150 0.155 0.115 0.125 -0.030-19.351,644,992
    LSH 0.730 0.880 0.730 0.830 -0.050-5.68743,229
    99SMART 1.970 2.010 1.960 1.960 -0.010-0.51650,458
    HSI-PWD7 0.195 0.230 0.180 0.230 0.05027.78610,051
    HSI-PWFJ 0.180 0.200 0.175 0.200 0.02514.29599,421
    HSI-CWCG 0.100 0.110 0.050 0.050 -0.075-60.00522,331
    TANCO 1.880 1.890 1.810 1.860 -0.020-1.06518,571
    NATGATE 1.420 1.450 1.380 1.380 -0.040-2.82495,676
    PAVREIT 1.480 1.480 1.430 1.440 -0.040-2.70475,210
    MYEG-C8K 0.075 0.090 0.070 0.090 0.0055.88450,001
    YTLPOWR-C77 0.045 0.045 0.040 0.045 0.0000.00447,048
    MYEG-C8C 0.045 0.045 0.045 0.045 -0.015-25.00400,000
    GAMUDA 3.950 4.000 3.920 3.970 0.0200.51393,027

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