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KUALA LUMPUR: Yinson Holdings Bhd’s net profit in the second quarter (Q2) ended July 31, 2020 rose 144 per cent to RM100.36 million from RM41.14 million in the same quarter last year.
KUALA LUMPUR: AmInvestment Bank Research is optimistic over the prospects of Yinson Holdings Bhd as the group maintains a strong fiscal discipline following the financial crunch of the past oil downcycle and ongoing Covid-19 pandemic.
KUALA LUMPUR: Yinson Holdings Bhd and its project partner, Sumitomo Corporation, have entered into a US$400mil bridge loan financing agreement for the FPSO Anna Nery Project, a floating, production, storage and offloading (FPSO) vessel for the Marlim revitalization project in Brazil.
KUALA LUMPUR, Sept 18 (Bernama): The impact of the Covid-19 pandemic on the oil and gas industry (o&g), coupled with green agenda activism, could trigger an era of mega-mergers and consolidation among the super majors in the industry, AmInvestment Bank Bhd analyst Alex Goh said.
KUALA LUMPUR: Kenanga Investment Bank Research expects Petroliam Nasional Bhd’s (Petronas) turning more cautious on its spending, this will impact the value chain across the oil and gas (O&G) sector.
KUALA LUMPUR: UOB Kay Hian Malaysia Research has cuts is FBM KLCI earnings forecast by 3.4% due to the poor 2Q20 results season but raised its 2021 forecast by 5.5% to largely account for further upgrades of glove makers.
KUALA LUMPUR: Yinson Holdings Bhd, through its wholly-owned subsidiary Yinson Renewables (S) Pte Ltd, has entered into an agreement to acquire an additional 57.5% equity interest in Rising Sun Energy Private Ltd (RSE), an India-incorporated company with two operational solar plants in the Bhadla Solar Park, Rajasthan.