Saturday, December 6, 2008

prestroke- my working life - eniwetok

aspatra group consists of around 100 companies. unfortunately, most were just hobbies for leo and were bleeding money. only later did i find out that's why he took or considered all that bank bumiputra money his. my division, under serply, was one of the very few making money. i must say that don did very easily establish contacts among the movers and shakers in the oil/gas industry and his contacts were ultimately loyal to him, helping out more than necessary. the best deal was the eniwetok deal whereby leo is a shareholder in an oil exploration rig, the first by a malaysian and serply was just in the right place to provide manpower and logistics to the eniwetok operations. it was a very lucrative contracr bearing in mind that the eniwetok at that time had the highest charter rate in malaysia from carigali, at around usd67000/- per day. leo's partner was the famous atwood firm out of houston, usa, a good friend of george bush senior i was told later. that was my first dealings with american businessman, my weren't they brash and their favourite tactic is fishing and the exploitation of it thereafter, that's what henry kissinger was famous for. not exactly my kind of businessman, mind you.

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