Speaking at a press briefing yesterday, AK Nathan(pic) said that the proposed transaction will be settled by way of issuing redeemable convertible preference shares (RCPS).
KUALA LUMPUR: Eversendai Corp Bhd
founder and group managing director Tan Sri AK Nathan has proposed to inject privately owned entity Vahana Offshore Sdn Bhd into the group.
Vahana Offshore is involved in the liftboat business, through Aryan-Inspire Pte Ltd (Aryan), Arjun-Aspire Pte Ltd (Arjun) and Vahana Marine Solutions DMCC.
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