PETALING JAYA: Analysts are positive on Yinson Holdings Bhd
’s latest funding exercise, which allows the group to pursue new projects without further cash calls, while unlocking its value.
Yinson Production Offshore Holdings Ltd (YPOHL) has entered into a definitive agreement with a consortium of global investment firms, Abu Dhabi Investment Authority, British Columbia Investment Management Corp and RRJ Group to issue US$1bil in redeemable convertible preferred shares (RCPS).
