Yinson to sell minority stake in FPSO subsidiary for RM208mil


KUALA LUMPUR: Yinson Holdings Bhd has proposed the disposal of a minority interest in a subsidiary that operates a floating, production, storage and offloading (FPSO) vessel in Brazil for US$49mil (RM208.91mil).

In a filing with Bursa Malaysia on Thursday, the group said its indirect unit Yinson Acacia Ltd would sell a stake in Yinson Boronia Consortium Pte Ltd, which holds contracts from Brazil's Petrobras for the provision of the Marlim 2 FPSO, to Kawasaki Kisen Kaisha Ltd.

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Yinson , Marlim , FPSO , Kawasaki Kisen Kaisha

   

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