RHB cuts target price on Yinson


KUALA LUMPUR: RHB Research has lowered its target price on Yinson Holdings Bhd following the negative surprise of Petrobras' cancellation of bids for the Parque das Baleias (PDB) integrated project.

"We were negatively surprised by this incident, as we initially anticipated it to be at an advanced sealing-the-deal stage.

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RHB Research. Yinson

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