Yinson to sell 26% stake in FPSO unit in Ghana


PETALING JAYA: Yinson Holdings Bhd has entered into a heads of agreement (HoA) with a consortium of Japanese companies for the disposal of a 26% stake in its floating production, storage and offloading (FPSO) unit in Ghana.

The value of the stake in Yinson Production (West Africa) Pte Ltd (YPWA), the company said yesterday, was estimated in the range of US$104mil to US$117mil.

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