Yinson fixes DRP share price

AmInvestment Bank said the DRP shares would be listed on the Main Market of Bursa Malaysia by end-June 2025.

PETALING JAYA: Oil and gas services firm Yinson Holdings Bhd has fixed the company’s new share price issued under the dividend reinvestment plan (DRP) in relation to the final dividend at RM2.29 per DRP share.

AmInvestment Bank Bhd said in a filing with the stock exchange on behalf of the company’s board of directors that the issue price represented a premium of approximately 19.3% to the ex-dividend volume weighted average price (VWAP) of Yinson’s share of RM1.92.