Yinson
PETALING JAYA: Floating production, storage and offloading (FPSO) provider Yinson Holdings Bhd
is acquiring up to 70% of Singapore’s Ezion Holdings Ltd, in a deal that will see Yinson providing a cash outlay of US$200mil (RM815.3mil) for the troubled offshore asset supplier.
The acquisition will be financed via a combination of internally generated funds and bank borrowings.
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