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Business 28 Jun 2013 | 9:34 AM

Yinson profit up 44% to RM15.4mil

KUALA LUMPUR: Yinson Holding Bhd's first quarter net profit rose 44% to RM15.4mil from RM10.69mil a year ago due to the increase marine transport business and the joint venture company.

Business 21 Jun 2013 | 2:39 PM

HwangDBS positive on O&G sector

HwangDBS Vickers Research is positive on the oil and gas (O&G) sector as there are increasing contract flows from Petronas to sustain its optimism in the sector.

Business 19 Jun 2013 | 12:00 AM

Mokhzani: No conflict of interest in Kencana Capital-Yinson deal

KUALA LUMPUR: Datuk Mokhzani Mahathir, who controls Kencana Capital Sdn Bhd, says there is no conflict of interest in Kencana Capital’s acquisition of a stake in Yinson Holdings Bhd.

Business 18 Jun 2013 | 12:00 AM

Yinson appoints banks to fund acquisition

KUALA LUMPUR: Yinson Holdings Bhd has appointed Malayan Banking Bhd (Maybank), United Overseas Bank Ltd, Singapore (UOB) and AmInvestment Bank to fund its proposed acquisition of the Norwegian listed company, Fred Olsen Production ASA.

Business 17 Jun 2013 | 11:09 AM

KLCI up 7.75 points higher at noon (Update)

KUALA LUMPUR: Late buying of plantations and bank shares helped the FBM KLCI to stay in the positive zone at noon, as Asian equities reverse its losses.

Business 17 Jun 2013 | 10:48 AM

Yinson announces banks to fund its Fred Olsen acquisition

KUALA LUMPUR: Yinson Holdings Bhd has hired Malayan Banking Bhd, United Overseas Bank Ltd Singapore and AmInvestment Bank to fund its proposed acquisition of Norway-listed Fred Olsen Production ASA.

Business 17 Jun 2013 | 10:41 AM

KLCI closes 9.98 points higher on positive regional sentiment (Update)

KUALA LUMPUR: Malaysia's blue chips continued to advance, underpinned by selected blue chips as investors are confident after the the Japanese Nikkei jumped 2.7%, mirroring the lift in Asian equities.

Business 15 Jun 2013 | 2:53 PM

Yinson an O&G heavy-hitter in the making

THE week of June 3 was doubtless a hectic one for Yinson Holdings Bhd. In Norway, company officials were busy sealing the deal to buy Fred Olsen Production ASA (FOP) from the prolific Olsen family.

Business 15 Jun 2013 | 12:00 AM

It’s time for the profit-taking phase

REVIEW: After partying for some four weeks, it is expected that the FTSE Bursa Malaysia KL Composite Index (FBM KLCI) will correct and absorb all that frenetic buying and finally conform to the regional markets’ profit-taking phase. As of Friday, markets had started to pick up on good economic data from the United States.

Business 15 Jun 2013 | 12:00 AM

Yinson an O&G heavy-hitter in the making

THE week of June 3 was doubtless a hectic one for Yinson Holdings Bhd. In Norway, company officials were busy sealing the deal to buy Fred Olsen Production ASA from the prolific Olsen family.