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Yinson unit buys up remaining stake in Anteros for RM36.75mil

In its statement to Bursa Malaysia, Yinson said its indirect wholly-owned subsidiary Yinson Heather Ltd (YHL) bought the stake in ARO from Four Vanguard Servicos E Navegacao LDA (FVSN) yesterday (4-0)

Yinson takes full control of Anteros Rainbow Offshore

PETALING JAYA: Yinson Holdings Bhd is buying out its minority partner in Anteros Rainbow Offshore Pte Ltd (ARO) - a  firm involved in leasing of floating, production, storage and offloading unit - for US$9mil (RM36.75mil). (4-0)

CIMB Research retains Add for Yinson

KUALA LUMPUR: CIMB Equities Research is retaining its Add for Yinson Holdings Bhd with a slightly lower target price of RM4.81 as it has deducted the perpetual securities from its sum-of-parts valuation as it had previously treated it as equity.   It said on Monday the oil and gas services provider delivered a 9MFY18 core net profit that made up 93% of its previous full-year forecast, due to lower-than-expected taxes.

Yinson growth tops estimates in third quarter

KUALA LUMPUR: It’s not all gloom and doom in the oil and gas sector, with Yinson Holdings Bhd giving investors a rare treat of better than expected latest quarterly results.

Few surprises expected from Yinson’s nine-month financial results

PETALING JAYA: Yinson Holdings Bhd ’s nine months results for the financial year ending Jan 31, 2018 (9M18) due this month is expected to yield minimal surprises, according to Maybank Investment Bank Research.

Yinson Energy files affidavit

The said contract is between JX Nippon Oil & Gas Exploration (Malaysia) Ltd and THHE to Yinson Energy.

Trading ideas: Serba Dinamik, Yinson, Gas Malaysia, Titijaya Land

KUALA LUMPUR: Serba Dinamik Holdings Bhd, Yinson Holdings Bhd , Gas Malaysia, Titijaya Land are among the stocks to watch on Thursday, according to JF Apex Research. (2-0)

Yinson sells stake in unit for RM489mil

In a Bursa Malaysia filing, Yinson said that upon the completion of the proposed disposal of 53.74 million shares in YPWAPL, the company would cease to be a wholly owned subsidiary of the group and would instead be an indirect 74%-owned subsidiary (4-0)

Yinson moves closer to RM484mil sale of stake in FPSO unit

Tags / Keywords: Corporate News , Oil & Gas , Yinson Holdings Bhd , Sumitomo Corp

Mokhzani no longer Sapura Energy substantial shareholder

He would have netted RM578mil in proceeds from the share sale based on the stock’s closing price of RM1.50 on that day. (4-0)

As oil price rises, Mokhzani said to eye local O&G exit

2017-11-03 themalaymailonline
The sale could raise as much as RM905 million for the billionaire son of Tun Dr Mahathir Mohamad, based on the discounted offer price ― Malay Mail picKUALA LUMPUR, Nov 3 ― Tan Sri Mokhzani Mahathir, the son of the former prime minister turned Opposition leader, is believed to be selling his entire stake in Sapura Energy Bhd, at a time when global oil prices are rebounding. (0-1)

Mokhzani exiting O&G

 PETALING JAYA: Tan Sri Mokhzani Mahathir, who spotted the trend of investing in the oil and gas (O&G) industry some 15 years ago, is completely exiting the sector as sentiment in crude oil prices picks up. (0-1)

Malaysia-Ghana trade to grow further by year-end

2017-11-01 themalaymailonline
Palm oil is one of the main exports from Malaysia to Ghana. — Reuters picKUALA LUMPUR, Nov 1 — Malaysia-Ghana trade is set to grow further by year-end from US$340 million (RM1.4 billion) in 2016 following the continued bilateral relationships between the two nations, which mainly involved the palm oil industry.

Rohas 'buy', Yinson 'add', SCH 'hold', IOI 'neutral'

HONG Leong Investment Bank (HLIB) Research was positive on Rohas’ move to acquire a 75% stake in HG Power Transmission Sdn Bhd (HGPT), an engineering, procurement, construction and commissioning (EPCC) firm.

Wee named chairman of Eduspec Holdings

Wee replaces founder Lim Een Hong, 50, who will remain as chief executive officer (CEO) of Eduspec. Lim has been the CEO since March 18, 2010.