Jaikishan says he’s taking long-term view of Envair stake

  • Business Premium
  • Wednesday, 07 Dec 2011

PETALING JAYA: Carpet Raya Sdn Bhd director Deepak Jaikishan, who had unexpectedly surfaced as a substantial shareholder in ACE Market-listed Envair Holding Bhd, tells StarBiz he is taking a long-term view of his investment and will soon raise his stake to over 10%.

“I aim to be part of this thriving company's executive board and management,” a statement signed by Jaikishan and sent to StarBiz read. “I hereby reiterate that I will not be selling down my stake in the future and, instead, hope to build it up in the days ahead.”

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