Local reports quoted him as saying that this will lead to a move into the refurbishment and maintenance of O&G assets business and ensure recurring income.
He is upbeat that by 2017, Eversendai's O&G business will contribute 50% to its income and help it achieve its revenue target of MYR2bn.
"I want to move towards becoming a good dividend-paying company, which is why I’m building up Eversendai. The market for liftboats and jack-up rigs is huge and it is a global business,” he said.
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