Eversendai buys liftboat firm Vahana from founder for RM235mil 


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.

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