KUALA LUMPUR: Yinson Corp 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, the group said its indirect wholly-owned subsidiary Yinson Acacia Ltd would sell a stake in Yinson Boronia Consortium Pte Ltd, which hold contracts from Brazil’s Petrobras for the provision of the Marlim 2 FPSO, to Kawasaki Kisen Kaisha Ltd.
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