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Business 11 Jun 2013 | 11:44 AM

Yinson surges on RM551m takeover plan

KUALA LUMPUR: Shares of Yinson Holdings Bhd surged to another fresh record high of RM5.02 on Tuesday when it resumed trading after proposing a RM551mil takeover of a Norwegian oil & gas related company.

Business 11 Jun 2013 | 10:26 AM

Malaysia-Market factors to watch on June 11 (Tuesday)

KUALA LUMPUR: Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the Malaysian market. GLOBAL MARKETS-Dollar jumps on S&P credit revision, bond yields rise

Business 11 Jun 2013 | 10:18 AM

Trading ideas: Yinson, Tanjung Offshore, Prostaco

KUALA LUMPUR: Hwang DBS Vickers Research expects two oil & gas counters - Yinson Holdings and Tanjung Offshore to attract added interest on Tuesday while also in focus could be Prostasco.

Business 11 Jun 2013 | 9:55 AM

Blue chips inch up in early trade, HLFG up

Malaysia's blue chips rose in early trade on Tuesday, buoyed by gains in Hong Leong Financial Group (HLFG), in line with the steadier key regional markets.

Business 11 Jun 2013 | 9:15 AM

Yinson surges on RM551m takeover plan

Shares of Yinson Holdings Bhd surged to another fresh record high of RM5.02 on Tuesday when it resumed trading after proposing a RM551mil takeover of a Norwegian oil & gas related company.

Business 11 Jun 2013 | 8:58 AM

Trading ideas: Yinson, Tanjung Offshore, Prostaco

Hwang DBS Vickers Research expects two oil & gas counters - Yinson Holdings and Tanjung Offshore to attract added interest on Tuesday while also in focus could be Prostasco.

Business 11 Jun 2013 | 12:00 AM

Yinson to buy Norway's Fred Olsen Production, become world No. 6 FPSO firm

KUALA LUMPUR: Yinson Holdings Bhd has proposed to buy Oslo, Norway-listed Fred Olsen Production ASA (FOP) for 9.40 Norwegian krone (RM5.20) per share, in a deal that would propel the company to number six on the global floating production, storage and offloading vessel (FPSO) league table.

Business 10 Jun 2013 | 4:17 PM

Yinson to buy Norway's Fred Olsen Production

Yinson Holdings Bhd is taking over Norway-based Fred Olsen Production ASA (FOP) at about RM5.20 per share. If successful, the deal would make Yinson the world’s sixth-largest floating production, storage and offloading (FPSO) vessel owner and operator.

Business 10 Jun 2013 | 9:45 AM

Yinson Holdings suspended on Monday for corporate exercise

KUALA LUMPUR: Yinson Holdings Bhd's shares were voluntarily suspended from 9am to 5pm on Monday.

Business 08 Jun 2013 | 12:00 AM

Analysts mixed on market outlook

AFTER a week of consolidation, markets are acting as if they want to rally again. Its been a mixture of lower liners and big caps making the headlines as major announcements on stocks propel share prices northward every few days.