More positive: (from left) Chern Yuan, group executive chairman Lim Han Weng and non-independent non-executive director Lim Han Joeh at the AGM. Chern Yuan says the group is in a good position to take on projects.
KUALA LUMPUR: The number of tenders in the floating production, storage and offloading (FPSO) industry is at its highest now, which augurs well for FPSO providers like Yinson Holdings Bhd
.
“We believe there was an under-investment in the oil and gas industry over the last few years, and it is catching up now.
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