Yinson Production secures US$1bil investment from consortium of international investment firms

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PETALING JAYA: Yinson Holdings Bhd’s offshore production business, Yinson Production, has entered into a definitive agreement with a consortium of investors to issue US$1bil in redeemable convertible preferred shares (RCPS) and 10% warrants at a post-money valuation of US$3.7bil.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaSingapore

Topics: Yinson Lim Chern Yuan /Business/Business News Corporate News British Columbia Investment Management Abu Dhabi Investment Authority

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 18:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 426 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 25150998

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 45 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 6 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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