Job termination sends Yinson shares lower


Yinson counter shed 8 sen or 1.68% yesterday to RM4.69, with 2.54 million shares traded, its lowest since May 21 last year.

PETALING JAYA: Yinson Holdings Bhd has started to see selling pressure following the termination of its proposed contract to operate a vessel for Aker Energy Ghana Ltd’s Pecan project in Ghana.

The counter shed 8 sen or 1.68% yesterday to RM4.69, with 2.54 million shares traded, its lowest since May 21 last year.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

MYEG, Zetrix and MaiCapital to explore launch of virtual asset funds
Asian shares jump on tech boost; fragile yen on intervention watch
The business of immersion
MPOB intensifying oil palm industry R&D strategies, says chairman
Hong Kong bourse operator's Q1 profit down 13% on weaker listings, trading
FBM KLCI hits fresh two-year high as rally continues
Tony Fernandes signs 5-year extension as Capital A CEO
Australia Q1 inflation slowdown disappoints, rate cut bets gone
Ringgit rebounds on softer US$ after PMI data
Positive earnings outlook for Axis REIT

Others Also Read