It’s a deal: (from left) JGC Corp executive officer Masayasu Endo, Kawasaki Kisen Kaisha Ltd managing executive officer Akira Misaki, Yinson group chief strategy officer Daniel Bong, Sumitomo Corp GM Yoshihiko Hori and Development Bank of Japan Inc chief manager Akihiro Suzuki at the signing of the heads of agreement.
Analysts say stake sale could lead to new business partnerships
Yinson Holdings Bhd
, which has maintained its profitability despite headwinds in the oil and gas space, is now poised to cash in a cheque of up to RM500mil from a stake sale in one of its key assets.
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