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


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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