Yinson at the centre of an FPSO shift

Yinson Holdings Bhd is the subject of preliminary privatisation talks involving a consortium that includes its founders, the Lim family, the Employees Provident Fund (EPF) and MISC Bhd, at an indicative offer of RM2.35 per share.

At that price, Yinson is valued at about RM6.9bil or US$1.7bil, while its core asset, Yinson Production, was valued at about US$3.7bil in a fundraising exercise early last year in the private market, supported by international institutional investors, including a sovereign wealth fund.