KUALA LUMPUR: Eversendai Corp Bhd has agreed to acquire a liftboat business from its founder Tan Sri Nathan Elumalay for RM235mil.
Eversendai will issue 770.5 million new redeemable convertible preference shares (RCPS) at 30.5 sen each to pay for the entire 100% stake in Vahana Offshore (M) Sdn Bhd.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!