Attractive sale price this two days i add some more @ 2.37 hope all the best cheers 🍻

Very simple if reached 10% the company can cancel the treasury share is depend on how many the company want to cancel.

Malaysian Tycoon Lim Han Weng’s Yinson Raises $1 Billion From Abu Dhabi Fund, Others
Jonathan Burgos
Forbes Staff
Senior editor covering billionaires, entrepreneurs and deals in Asia

Yinson Holdings—controlled by Malaysian tycoon Lim Han Weng and his family—is raising $1 billion from investors that include a unit of Abu Dhabi Investment Authority (ADIA) to fund the growth in Yinson’s oil and gas business and bankroll renewable energy projects.

ADIA’s Platinum Lily, together with funds managed by British Columbia Investment Management and RRJ Capital will subscribe to redeemable convertible preferred shares and warrants issued by Yinson Production Offshore, which builds vessels used in the offshore oil and gas industry, at a post-money valuation of $3.7 billion, Yinson said in a statement on Tuesday.

The agreement, which is expected to be completed in the first quarter, includes an option to issue additional redeemable convertible preferred shares of up to $500 million within 24 months, the Kuala Lumpur-based company said.

About $200 million of the proceeds from the transaction has been earmarked for investment in renewable energy projects as well as for distribution to Yinson Holdings shareholders via share buy backs or dividends, the company said.

Yinson, which owns and operates a fleet of floating production, storage and offloading (FPSO) vessels worldwide, has been stepping up investments in green energy technologies in recent years. It currently has 557 megawatts of operating renewable electricity generating assets, with another 1,500 megawatts in the pipeline.

https://www.forbes.com/sites/jonathanburgos/2025/01/14/malaysian-tycoon-lim-han-wengs-yinson-raises-1-billion-from-abu-dhabi-fund-others/

Yinson Holdings - Hit Milestone for FPSO Value Unlock

Date: 2025-01-15

Firm: KENANGA

Stock: YINSON

Price Target: 3.87

Price Call: BUY
Last Price: 2.67
Upside/Downside: +1.20 (44.94%)

YINSON has proposed to issue at least USD1b worth of RCPS to several investors for its FPSO business. The deal's implied an EV/EBITDA that is above the peer average, reflecting strong investor confidence in Yinson's ability to secure more FPSO contracts in the coming years. We maintain our forecast and SoP TP of RM3.87 at this juncture as the implied valuation of FPSO assets in the deal aligns with our assumptions. Maintain OUTPERFORM call.

Yinson Production Offshore Holdings Ltd (YPOHL), a subsidiary of Yinson, announced a USD1b redeemable convertible preference share (RCPS) and warrant issuance (with an option to increase to USD1.5b).

Key investors include Platinum Lily (Abu Dhabi Investment Authority), British Columbia Investment Management Corporation, and RRJ Capital. Subject to shareholders' approval, the deal is set to be completed by the end of 1QCY25. Proceeds will be allocated as follows: USD200m for share buybacks and green technology investments, USD700m for new FPSO and expansion capex, and USD100m for general corporate purposes.

The issuer's redemption of RCPS is subject to a 15.75% IRR and a 3- year make-whole period. Holders can convert RCPS into FPSO business shares upon a qualified IPO (within the next 3-5 years), enabling participation in the FPSO business's upside. If USD1b is subscribed, RCPS holders would own 24.5% of the FPSO business equity.

This deal values YPOHL's FPSO business at an EV/EBITDA multiple of 8.5x (including FPSO Agogo's valuation, and as similarly implied by our SoP valuation), higher than the peer average of 6.5x, reflecting investor confidence in Yinson's FPSO expertise and potential future wins. The announced deal values the FPSO business at a post-money valuation of USD3.7b (after injection of the USD1b proceeds from the RCPS) in total and YINSON is expected to own 71.9% of the enlarged company (post IPO if it materialises). This translates into a fair value of RM3.75, which is close to our SoP TP. Hence, we deem the deal as within our assumptions.

Forecasts. Maintained.

Valuations. We maintain our SoP-TP at RM3.87 as we are still uncertain of the timeline and the prospects of the IPO of its FPSO business. Note that our TP reflects a 5% premium given a 4-star ESG rating as appraised by us (see Page 5).

Investment case. We continue to favour YINSON due to: (i) a strong FPSO order book pipeline with multiple major FPSO jobs under the conversion stage which provides significant earnings growth in coming years, (ii) its strong project execution track record which positions the company to benefit from strong structural demand for FPSO contractors anticipated in the coming years, and (iii) the group could seek to monetise its FPSO assets partially (selling minority stake) to recycle its capital as its new FPSO projects are nearing completion. Maintain OUTPERFORM.

Risks to our call include: (i) crude oil prices falling below USD70/bb raising required IRR for new floating production projects, (ii) regulatory risks and uncertain returns for RE investments that are mainly focused on emerging markets (i.e. India) and (iii) project execution risks including cost overrun, delays and downtimes for FPSO.

Source: Kenanga Research - 15 Jan 2025

15 January 2025
A Funding Leap; Keep BUY

Buy (Maintained) Target Price (Return): MYR3.69 (+37%)
Price (Market Cap): MYR2.70 (USD1,755m)
ESG score: 3.1 (out of 4)
Avg Daily Turnover (MYR/USD) 6.97m/1.57m

• Keep BUY, with new MYR3.69 TP from MYR3.31, 37% upside and c.2% FY26F (Jan) yield. We are overall positive on Yinson’s latest funding exercise as it allows the group to pursue new projects without immediate dilution while unlocking its value. Our current TP represents a c.3% discount to its pre-money valuation and we see further upside once Yinson is able to win more projects going forward.

• Secured USD1bn investment via RCPS issuance. Yinson’s offshore production business, Yinson Production, has entered into a definitive agreement with a consortium of global investment firms (Abu Dhabi Investment Authority (ADIA), British Columbia Investment Management Corporation (BCI) and RRJ Group) to issue USD1bn in redeemable convertible preferred shares (RCPS) with an option upsize by another USD500m within 24 months and 10% warrants at a post-money valuation of USD 3.7bn. This is priced at 7.1x 12M trailing EV/ EBITDA vs peer average of 6.5x. The transaction is expected to be completed by 1QCY25 subject to shareholder approval.

• For future projects. The USD1bn RCPS will be issued in four tranches, of which USD200m of the proceeds will be utilised to further expand its renewable energy (RE) and green technology businesses, as well as to distribute to Yinson shareholders through share buy-backs and/or dividends. The preferred dividend rate is 7.25% cash and 6.25% payment-in-kind or 12.95% in cash (at the option of the Issuer). The RCPS can be converted into new ordinary shares in YPOHL, a wholly owned subsidiary of Yinson in connection with an IPO within a targeted time frame of 3-5 years, and after an IPO, and redeemed whilst the warrants can be exercised into new YPOHL shares. Post conversion, Yinson is guided to own 71.9% of the enlarged company. On the flipside, the RCPS can be redeemed at any time by the issuer subject to 15.75% internal rate of return (IRR) and 3-year make whole period.

• Keep BUY. We are overall positive on the funding exercise as it allows Yinson to pursue new projects without further cash calls while unlocking its value. Post exercise, the net gearing is expected to reduce significantly from 1.3x to 0.7x. Note that the implied pre-money of USD2.7bn valuation is 15% higher than our current valuation. As such, we lift our SOP-based TP to MYR3.69 (which includes a 2% ESG premium) after assuming a lower equity risk premium in arriving our DCF valuation. We see further upside potential as Yinson is still targeting to win at least one FPSO project pa.

As an investor we happiest to see the company move forward and growth steadily and not rather than standing still .

I don’t think they will take the break , If they don’t move forward, they will fall behind the competitors.

Hello Yinson product is a subsidairy of Yinson and that is no delist from bursa as you said .

With the big fund supported Yinson product can secure more Fpso projects and even growth bigger .

Yinson will take out Yinson product to list in market currently is in pre IPO status .

Yinson Production secures USD 1 billion investment from consortium of international investment firms to drive further growth

Posted Date: 14 Jan, 2025


Yinson Production has entered into a definitive agreement with a consortium of global investment firms to raise pre-IPO growth capital of USD 1 billion, with the option to upsize to USD 1.5 billion within 24 months
The proceeds are intended to be used to support Yinson Production’s further growth and USD 200 million to Yinson Holdings Berhad to grow the Group’s energy transition businesses and return of capital to shareholders
The transaction is expected to close in the first quarter of 2025, subject to customary closing conditions


Yinson's offshore production business, Yinson Production, has entered into a definitive agreement with a consortium of investors comprising Platinum Lily B 2024 RSC Limited (“Platinum”) a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”)”, and funds managed by British Columbia Investment Management Corporation (“BCI”), and RRJ Group (“RRJ”; together with ADIA and BCI, the “Investors”) to issue USD 1 billion in redeemable convertible preferred shares (the “RCPS”) and 10% warrants at a post-money valuation of USD 3.7 billion. The agreement provides the option to issue additional RCPS of up to USD 500 million within 24 months from closing, subject to agreement.

The proceeds from the transaction will primarily support Yinson Production’s further growth, whilst USD 200 million will be used to further expand the Group’s renewable energy and green technologies businesses, as well as for distributions to shareholders of Yinson Holdings Berhad through share buy-backs and/or dividends.

Lim Chern Yuan, Yinson Group Chief Executive Officer, commented, “We are very pleased to welcome ADIA, BCI and RRJ as new investors in Yinson Production. This landmark transaction comes at a pivotal juncture for Yinson, allowing Yinson Production to capture the great opportunities in the current robust FPSO market, and for Yinson Holdings Berhad to return capital to our shareholders and fund our energy transition businesses, Yinson Renewables and Yinson GreenTech. We firmly believe in the continued growth of energy demand and also the need for an inclusive energy transition.”

Flemming Grønnegaard, Chief Executive Officer of Yinson Production commented, “This is one of the largest structured equity transactions in Southeast Asia and the first platform-level equity raise by Yinson Production. It builds upon Yinson Production’s proven track record of delivering value accretive growth through our integrated platform. The growth capital will further strengthen our leading market position and enables us to seize opportunities in a robust FPSO market environment.”

The transaction is expected to close in the first quarter of 2025, subject to customary closing conditions, including regulatory approvals and approval of the shareholders of Yinson. UBS AG, Singapore Branch acted as financial advisor and A&O Shearman acted as legal advisor to Yinson Production in connection with this transaction.

https://www.yinson.com/highlights/

配合重大宣布 云升控股今暂停交易

(吉隆坡14日讯）配合一项重大宣布，云升控股（Yinson Holdings Bhd）（KL:YINSON）今日暂停交易。
根据报备，大马交易所已批准该股于上午9时至下午5时暂停交易的申请，以待发布重大公告。
该股最后作价为2.70令吉，市值达79亿令吉。

https://theedgemalaysia.com/node/740885

YINSON HOLDINGS BERHAD

Type Announcement
Subject SUSPENSION OF SECURITIES
Description YINSON HOLDINGS BERHAD (“YHB” OR “COMPANY”)

REQUEST FOR SUSPENSION
On behalf of Yinson Holdings Berhad, AmInvestment Bank Berhad and Maybank Investment Bank Berhad wish to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved the Company’s request for suspension in the trading of the securities of the Company on the Main Market of Bursa Securities with effect from 9.00 a.m. on Tuesday, 14 January 2025 to 5:00 p.m. on Tuesday, 14 January 2025, pending the release of a material announcement.



The request for suspension is made under subparagraph 3.1(a) of Practice Note 2 on Request for Suspension of the Main Market Listing Requirements of Bursa Securities.



This announcement is dated 14 January 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3515773

Yinson Suspended this morning for News announcement !

Yinson close to deal with investors including Abu Dhabi for US$1b funding — Bloomberg
By Elffie Chew / Bloomberg
13 Jan 2025, 07:14 pm

(Jan 13): Energy infrastructure firm Yinson Holdings Bhd (KL:YINSON) is close to signing up investors for a funding round in its unit that makes equipment used by the offshore oil and gas industry, according to people with knowledge of the matter.

Abu Dhabi Investment Authority (ADIA), British Columbia Investment Management Corp (BCI) and RRJ Capital will likely subscribe to US$1 billion (RM4.51 billion) in redeemable convertible preference shares as soon as this week, the people said, asking not to be identified because the process is private. The trio is also expected to subscribe to another US$500 million at a later, unspecified date, according to the people.

The funding round for Yinson Production Offshore Pte Ltd comes ahead of an initial public offering for the so-called FPSO — floating production, storage and offloading — company, which could take place in a few years’ time, the people said.

Talks are ongoing and may not result in a deal, the people added. Representatives of Yinson, ADIA and RRJ, a private equity firm founded by former Goldman Sachs Group Inc banker Richard Ong, declined to comment. BCI didn’t immediately respond to a request for comment.

Bloomberg News has previously reported that Yinson was close to picking the three investors for the private fundraising, as well as RRJ planning to commit US$320 million to the round.

Yinson Production has contracts with firms including Brazil’s Petrobras and the Angolan joint venture of BP plc and Eni SpA. Global Infrastructure Partners and Sumitomo Corp are also among backers of the unit’s projects.

Read also:
Yinson poised for strong earnings growth amid major FPSO deliveries, say analysts

Uploaded by Tham Yek Lee

usually don't need bursa announcement company announce should be fine .

Fpso Atlanta first oil on 31 dec 2024

https://www.yinson.com/highlights/YP-FPSO-Atlanta-achieves-first-oil/

First Oil Starts Flowing from FPSO Atlanta Off Brazil


https://www.oedigital.com/news/520721-first-oil-starts-flowing-from-fpso-atlanta-off-brazil

Brazilian FPSO ticks first oil milestone off its list before ringing in new year

https://www.offshore-energy.biz/brazilian-fpso-ticks-first-oil-milestone-off-its-list-before-ringing-in-new-year/

FPSO Atlanta; Source: Brava Energia

The National Agency of Petroleum, Natural Gas, and Biofuels (ANP) gave its blessing on December 30, 2024, for the FPSO Atlanta to be brought online. As a result, Brava Energia began mobilization to start production in the coming days and complete all activities related to replacing the FPSO Petrojarl I, which worked at the Atlanta field in block BS-4 in the Santos Basin since 2018, with the FPSO Atlanta, bought for Atlanta’s Full Development System (FDS) in 2022.

The unit will initially be connected to six wells, but this is expected to increase to ten in 2029. Chartered and operated by Malaysia’s Yinson Production, the FPSO Atlanta can store 1.6 million barrels of oil (boe) and process 50,000 boe and 140,000 barrels of water per day. The vessel is expected to work at the Brazilian field for 15 years, but Brava Energia can also extend its stay further thanks to a five-year optional period.

The firm stopped production at the Papa-Terra oil field in the Campos basin off the coast of Brazil a few months ago. Since then, ANP authorized an increase in the number of people on board the floating units, including FPSO and the tension leg wellhead platform (TLWP), and granted authorization for the operation of the rig installed on the TLWP in October 2024.

The workover for pump replacement on well PPT-051 has resumed with the rig’s approval, following Constellation’s agreement to sublet the Alpha Star rig for 30 days during the ongoing contract with Brava Energia. Following the authorization of the National Agency of Petroleum, Natural Gas and Biofuels to restart production at the Papa-Terra field, the Brazilian player recently confirmed the resumption of production.

The company claims that significant progress was made in the maintenance and integrity recovery campaign of the production units in Papa-Terra during the production shutdown, allowing planning for better use of the reservoir with the future expansion of its production.

Regarding the Brazilian company’s Parque das Conchas acquisition, enabled by an agreement to get a 23% stake in the asset held by QatarEnergy, the process concluded after the firm met all precedent conditions and got ANP’s approval. Thanks to this, the firm has enriched its portfolio with the addition of the Abalone, Ostra, and Argonauta oil fields, which form the Parque das Conchas in the Campos Basin.

The acquisition value, disregarding adjustments, is $150 million. Parque das Conchas is operated by Shell, which holds a 50% stake. ONGC is a partner in the asset with the remaining 27%. The concession contracts are valid until 2032, with the possibility of an extension.

Moreover, the average production was approximately 27,000 barrels of oil equivalent per day in the period between January and November 2024, with 6.2,000 boe/day corresponding to the stake acquired by Brava.

The oil produced at Parque das Conchas has similar characteristics to the other assets in the company’s offshore portfolio, which may represent possible logistical and commercial synergies.

https://www.offshore-energy.biz/hat-trick-for-brazils-oil-gas-firm-with-fpso-start-up-clearance-production-restart-at-another-field-and-portfolio-expansion/

Yinson unit secures RM161.8m bareboat charter extension for FPSO unit

KUALA LUMPUR (Dec 30): Yinson Production, the offshore business arm of Yinson Holdings Bhd (KL:YINSON), has secured an 18-month extension for the bareboat charter contract of its floating production storage and offloading (FPSO) unit operating in offshore Vietnam.

The FPSO PTSC Lam Son — jointly owned by Yinson Production (49%) and PetroVietnam Technical Services Corporation (PTSC) (51%) through their joint venture, PTSC Asia Pacific Pte Ltd — has been operating for PetroVietnam in Block 1-2/97 offshore Vietnam since 2014.

In a bourse filing on Monday, Yinson said the extension is from Jan 1, 2025 to June 30, 2026, with an automatic six-month extension until Dec 31, 2026, subject to certain conditions.

The contract value, including the automatic extension period, is estimated at US$36.2 million (RM161.8 million), of which about US$17.7 million is attributable to Yinson Production.

Yinson Production chief executive officer Flemming Grønnegaard expressed delight at securing the contract extension and reaffirmed the company's commitment to delivering value and operational excellence throughout the lifecycle of FPSO PTSC Lam Son.

"The contract extension underscores the strong partnership we have built with PTSC as our joint venture partner and our shared ability to deliver reliable, high-quality operations to the client," he noted.

Yinson shares closed one sen or 0.4% higher at RM2.62 on Monday, giving the company a market capitalisation of RM8.4 billion.

https://theedgemalaysia.com/node/739374

Yinson Group CEO appointed as a COSTI-BAC representative

Posted Date: 03 Dec, 2024

Yinson Group Chief Executive Officer, Lim Chern Yuan, has been appointed as one of the private sector representatives to the ASEAN Board of Advisers to the Committee on Science, Technology, and Innovation (“COSTI-BAC”) following his nomination by H.E. Satvinder Singh, Deputy Secretary-General for the ASEAN Economic Community.

Lim will serve alongside two other representatives from Cambodia and the Philippines – Start Technology Co. Ltd Vice President, Phally Phoeurn, and Philippine Chamber of Commerce and Industry President, Consul Enunina V. Mangio.

The ASEAN Committee on Science, Technology, and Innovation (“COSTI”) is committed to fostering regional cooperation in science, technology, and innovation (“STI”) to support the development of ASEAN member states. By enhancing public-private partnerships (PPPs), COSTI aims to drive innovation and capacity-building throughout the region, ensuring alignment with global trends and industry needs.

Lim commented, "The ASEAN region is uniquely positioned to lead the charge in driving innovation and technological advancement, and public-private partnerships will be critical in unlocking this potential. At Yinson, we believe that collaboration between sectors is key to fostering sustainable growth and unlocking value, and through this appointment, I look forward to helping ASEAN build a strong, dynamic ecosystem in STI that benefits both local communities and the region."

As one of the three private sector representatives, Lim – who is also a council member of the ASEAN Business Advisory Council (ASEAN-BAC) Malaysia – will provide strategic guidance to COSTI. His responsibilities will include reviewing key documents, engaging with both public and private sector stakeholders, and advocating for the private sector’s perspective in STI discussions. His insights will be pivotal in strengthening public-private collaboration and promoting innovation across ASEAN. His term will span three years, during which he will actively participate in bi-annual meetings and submit strategic recommendations to COSTI.

This appointment reinforces Yinson’s commitment to driving sustainable technology development and fostering regional collaboration in STI to advance economic growth and cooperation across ASEAN.

https://www.yinson.com/highlights/

Yinson Production and PTSC joint venture wins FSO contract with a subsidiary of Murphy Oil Corporation for the Lac Da Vang project in Vietnam

Posted Date: 02 Dec, 2024

PTSC Asia Pacific (“PTSC AP”), a joint venture between Yinson Production (49%) and PetroVietnam Technical Services Corporation (“PTSC”; 51%), has executed a contract for the provision, charter, operation and maintenance of the floating storage and offloading (“FSO”) vessel for the Lac Da Vang project with Murphy Cuu Long Bac Oil Co. Ltd., a wholly owned subsidiary of Murphy Oil Corporation. The contract has a firm period of 10 years with the option to extend up to 5 years, and a total value of up to approximately USD 416 million.

The FSO will be a newbuild double-hull vessel with storage capacity around 500,000 barrels and advanced dual-fuel systems for optimised efficiency. The design of the FSO emphasises safety, operational excellence, and low-carbon emissions, aligning with Yinson Production’s sustainability goals. Following a construction period of approximately two years, the FSO is expected to start operations in the Lac Da Vang field located in Block 15-1/05 offshore Vietnam in the fourth quarter of 2026.

The project further strengthens Yinson Production’s position as a leading independent owner and operator of offshore asset and marks another milestone in Yinson Production’s long-standing relationship with PTSC. Through PTSC AP and another joint venture, Yinson Production and PTSC have successfully been operating offshore assets in Vietnam for over a decade with the FSO PTSC Bien Dong 01 operating since 2013 and the FPSO PTSC Lam Son operating since 2014.

Commenting on the contract, Flemming Grønnegaard, Chief Executive Officer of Yinson Production, said, “This new project underscores Yinson Production’s commitment to delivering energy solutions that meet the evolving needs of our clients and the industry. The Lac Da Vang FSO project is a testimony to the strength of our partnership with PTSC and our shared vision for operational excellence. We are proud to play a pivotal role in supporting Vietnam’s energy security.”

https://www.yinson.com/highlights/

Yinson GreenTech’s chargEV collaborates with eLoaded to revolutionise EV charging infrastructure through Direct Current Grid Technology

Posted Date: 26 Nov, 2024

chargEV, a leading charge point operator, announced an exclusive collaboration with eLoaded, a leading developer and operator in DC grid technology. The collaboration sees eLoaded’s cutting-edge DC grid systems with chargEV’s expansive charging network, paving the way for faster, more efficient, and sustainable EV charging solutions.

eLoaded’s advanced DC grid technology optimises energy distribution, while the strategic integration of shared expertise will allow both companies to maximise the potential of this innovative system. Through this collaboration, chargEV's fast charging hub will benefit from eLoaded's advanced DC grid technology, future-proofing its EV charging infrastructure by enhancing their reliability and ensuring during peak charge times. The advanced DC grid technology optimises energy distribution, ensuring adequate and consistent energy delivery is supplied to meet the demands of the designated charging hubs. It has the potential to support large-scale charging at up to 6.3MW while reducing energy transmission losses by up to 30%. This is in line with Malaysia’s transition towards a greener economy and its long-term vision for sustainable development, as outlined in the National Energy Transition Roadmap (“NETR”) to achieve net zero emissions target by 2050.

Another key element of this collaboration is the exchange of expertise and knowledge, whereby chargEV and eLoaded are fostering mutual growth and innovation.

“eLoaded’s DC grid technology is a game-changer for the EV industry,” said Seng Teong Chua, Managing Director of chargEV. “Our collaboration brings together the best in charging solutions and power optimisation to our fast-charging hubs. This will enable a seamless, efficient, and sustainable network that meets the demands of modern EV drivers. By sharing expertise and leveraging our collective strengths, we’re not just deploying advanced technology—we’re shaping the future of EV charging infrastructure.”

“We’re excited to collaborate with chargEV to set a new standard for EV charging infrastructure,” said Frank Steinbacher, Chief Executive Officer of eLoaded. “This partnership showcases the versatility of our DC grid technology, extending its applications beyond data centres and industrial operations to revolutionise charging infrastructure as well.”


https://www.yinson.com/highlights/

DRP price is 2.60 usually need to stand above the price to X the dividend….

Yinson GreenTech launches the Hydroglyder - Singapore's first fully electric hydrofoil vessel
Posted Date: 19 Nov, 2024

Yinson GreenTech unveiled the region's first fully electric hydrofoil vessel, the Hydroglyder, at Offshore Energy Week (OSEA) 2024, held at Marina Bay Sands on 19 November. Designed for crew transfer, the Hydroglyder marks a significant notch towards sustainable marine innovation, empowering more environmentally friendly journeys in Singapore's waters.

Developed in collaboration with Lift Ocean and Zeabuz, the Hydroglyder is engineered to redefine crew transfer and passenger transport. Capable of carrying up to 12 passengers at a maximum cruising speed of 25 knots, the vessel offers a sustainable alternative to fossil-fuel-powered boats, providing a greener, more comfortable, and quieter ride.

The Hydroglyder's hydrofoil system lifts the hull above the water, significantly reducing drag and energy consumption. This innovative design results in up to 80% lower energy consumption and 90% lower operational costs than conventional vessels.

The Hydroglyder’s launch on the decarbonisation-themed opening day underscores the hydrofoil technology's transformative potential in advancing zero-emission innovation and shaping a sustainable maritime future. As Singapore's first fully electric hydrofoil vessel, the Hydroglyder supports the Maritime and Port Authority of Singapore’s (MPA) Maritime Singapore Decarbonisation Blueprint's vision of all new harbour craft being fully electric or powered by low-carbon fuels by 2050, solidifying Singapore's position as a global leader in sustainable maritime practices.

Complementing the Hydroglyder launch, Yinson GreenTech’s marinEV introduced its Marine Digital Platform, reinforcing the critical link between electrification and digitalisation in sustainable maritime operations. The platform enables easy booking, tracking, and reporting, enhancing user convenience with upcoming features such as route planning and optimisation to provide a comprehensive approach to reducing emissions in short-sea shipping.

“At Yinson GreenTech, we believe the future of maritime transport lies at the convergence of electrification and digitalisation,” said Eirik Barclay, Chief Executive Officer of Yinson GreenTech. “The Hydroglyder, in tandem with our Marine Digital Platform, delivers a comprehensive solution that not only reduces emissions but also redefines how businesses manage their operations, paving the way for a truly decarbonised future.”

“The Hydroglyder embodies our vision for a sustainable future in maritime transport,” said Jan-Viggo Johansen, Managing Director of marinEV. “Its energy-efficient design and zero-emission technology offer a practical, environmentally friendly solution to support businesses committed to greener marine operations – and, of course, provide a more comfortable voyage for our seafarers.”

As part of Yinson GreenTech's portfolio of electric and autonomous vessels across land and sea, marinEV's innovative Hydroglyder and Hydromover, Singapore’s first fully electric light cargo vessel, offer the region future-ready green transport solutions for passenger and cargo transportation across ASEAN waters and beyond.

Yinson GreenTech has secured funding from OCBC, a significant boost that will propel the development and deployment of this technology. This strategic financing partnership with OCBC supports our ambitious goals for the Hydroglyder and underscores the bank’s commitment to fostering groundbreaking advancements in sustainable technology.

“We're proud to support our customer Yinson GreenTech in the development of their Hydroglyder, a game-changing all-electric crew transfer vessel that's set to revolutionise the Singapore harbour craft sector. At OCBC, we are committed to partnering industry players who are driving sustainability efforts in the maritime ecosystem in alignment with MPA’s ambitious decarbonisation targets, helping to create a more sustainable future for all,” said Mr Linus Goh, Head of Global Commercial Banking, OCBC.

安华贺2马企油轮投产
2024年11月19日

（里约热内卢18日讯）二十国集团（G20）领导人第十九次峰会星期一起在巴西里约热内卢举行。

与会的大马首相拿督斯里安华（左二）星期日在一场庆祝活动中观看大马云升控股向巴西国家石油公司（Petrobras）交付的Maria Quitera浮式生产储卸油轮（FSPO）复制品，该油轮成功在今年10月15日获得第一批石油产量。
出席者包括投资、贸易及工业部长东姑扎夫鲁（右）和云升控股总执行长林镇严（左）。

https://www.enanyang.my/%E8%A6%81%E9%97%BB/%E5%8F%82%E4%B8%8Eg20%E5%B3%B0%E4%BC%9A-%E5%AE%89%E5%8D%8E%E6%8E%A8%E5%8A%A8%E6%B6%88%E9%99%A4%E8%B4%AB%E5%9B%B0%E7%AD%89%E8%AE%AE%E9%A2%98

Anyway Yinson share price will skyrocket to sky high in future and Jaks share price will go to under ground 😂😂😂

Yup Yinson will be cash cow after 2026 😂

Yinson hosts Malaysia Prime Minister Anwar Ibrahim in Rio de Janeiro, Brazil, celebrating strong Malaysia-Brazil ties and Yinson FPSOs

Posted Date: 17 Nov, 2024
Yinson proudly hosted Malaysia Prime Minister, The Honourable Anwar Ibrahim at a networking reception in Rio de Janeiro to celebrate the strong ties between both countries, which is marked by a shared commitment to innovation and growth.

The event, held at the Windsor Barra Hotel, was also attended by Minister of Investment, Trade and Industry Malaysia Tengku Zafrul bin Tengku Abdul Aziz, Minister of Foreign Affairs Malaysia Haji Mohamad bin Haji Hasan, and Malaysia Ambassador to Brazil Her Excellency Gloria Corina Anak Peter Tiwet alongside Yinson’s senior leadership, clients Petrobras and Brava Energia and representatives from Yinson’s Brazil office.

The event also celebrated the three floating production, storage and offloading (“FPSO”) units that Yinson Production has developed for Brazil – Anna Nery, Maria Quitéria and Atlanta. FPSO Anna Nery commenced operations in May 2023, while FPSO Maria Quitéria achieved first oil last month in October 2024. FPSO Atlanta is expected to achieve first oil soon, joining Yinson Production's fleet in bolstering the nation’s energy capacity, contributing to Brazil’s economic development.

Prime Minister Anwar Ibrahim in expressing his pride in Yinson’s projects in Brazil, commented, “These successful FPSO projects exemplify the mutual respect and trust that Malaysia and Brazil have built over the decades. Yinson’s remarkable work in developing FPSOs for Brazil underscores Malaysia’s capacity for excellence and our commitment to supporting global energy needs with innovation and responsibility.”

During his speech, Yinson Group Chief Executive Officer, Mr Lim Chern Yuan, reminisced the company’s first foray into Brazil in 2018. He said, “Brazil was, back then, and still is now, the biggest FPSO market in the world. We dreamed of expanding our business to this country and started building our knowledge and understanding of Brazil long before we even bid for our first FPSO project here. We found, in Brazil, a thriving and progressive business and regulatory environment as well as stakeholders that shared our similar concern for facilitating an inclusive energy transition and looking at energy affordability.”

Yinson Production Brazil Country Manager Thiago Freitas also shared a few words, saying, “Our three FPSO projects in Brazil exemplify world-class engineering, cutting-edge technology, and a commitment to safety, efficiency, and sustainability. The learnings that both countries have gained by working together have enhanced the standards of FPSOs globally, notably in the area of low emission designs. We are looking forward to many more years of impactful partnership between our countries.”

The event also set the stage for the official opening of Yinson Production’s new office in Rio de Janeiro on 18 November, a strategic move that reinforces Yinson Production’s dedication to a long-term presence in Brazil. With this expansion, Yinson Production further strengthens its position in the region, providing greater proximity to key clients, stakeholders, and industry partners, and creating socioeconomic opportunities within the local community.

https://www.yinson.com/highlights/

Prime Minister of Malaysia Dato’ Seri Anwar Ibrahim officially launches Yinson Renewables’ Matarani Solar Plant in Peru
Posted Date: 13 Nov, 2024
Yinson Renewables officially launched the Matarani Solar Plant today in a celebration event officiated by the Prime Minister of Malaysia, The Honourable Anwar Ibrahim.

The event, held in the Country Club Lima Hotel in Peru, was also attended by Minister of Investment, Trade and Industry Malaysia, Tengku Zafrul bin Tengku Abdul Aziz, Minister of Foreign Affairs Malaysia, Haji Mohamad bin Haji Hasan and Malaysian Ambassador to Peru Ahmad Irham Ikmal Hisham; as well as parallel ministers from Peru’s Ministry of Energy and Mines, Romulo Mucho Mamani, Minister of Production, Sergio González Guerrero and Deputy Minister of Electricity in the Ministry of Energy and Mines Victor Teodoro Carlos Estrella alongside Yinson Group and Yinson Renewables’ senior leadership.

The 97 MWp Matarani Solar Plant, located in the Mollendo Desert in the Arequipa region, entered into its full operational phase in September 2024. It is designed to deliver 260 GWh of renewable energy annually, satisfying the electricity needs of approximately 62,000 Peruvian households.

During the event, Yinson Group Chief Executive Officer Lim Chern Yuan shared Yinson’s positive experience as a Malaysian business in Peru while Yinson Renewables Chief Executive Officer David Brunt shared the business’ updates and growth plans in Peru.

Lim expressed his pride at the momentous occasion, "In Peru, we have found excellent partners and supportive policies for an inclusive transition, leading us to build a robust renewables pipeline in the region. We thank the Peruvian and Malaysian governments for their support, enabling Yinson to operate smoothly and collaborate across borders. Leveraging the shared experience from both countries, we look forward to making a positive impact locally and globally."

In his update, Brunt said, “Yinson Renewables is thrilled to celebrate Matarani Solar Plant officially entering its full operational phase. As a Malaysian company, we are very proud to contribute to Peru’s energy transition and to be a good example of effective cooperation across Asia-Pacific Economic Cooperation (APEC). Projects like Matarani not only help us expand and improve our capabilities and competence, but also contribute significantly to new industrial and energy developments of national importance back home in Malaysia. We are committed to continuing our participation in the energy transition and look forward to announcing more projects in both Peru and elsewhere, playing a key role in Yinson’s journey towards to a greener, more resilient energy future.”

Yinson Renewables is ambitiously expanding in Latin America, aiming to develop nearly 1 GW of projects within the next three to five years. The 130 MWp Majes Project in Peru, which is owned by Yinson Renewables, is expected to begin the first phase of construction by the end of 2024. Meanwhile, in Brazil, the 486 MW Vicosa and Santa Clara wind projects are in advanced development stages and are preparing for construction.

Be patiently, Sure can fly .....

You should accumulate earlier abit .. the price now still under value is still cheap now ….

Those stock that giant cap in us market also using sbb to push the share price to sky high '' Apple" is very good example ...

Yinson Eyes New Contracts Amid Robust Global Demand As Six-month Results Meet Expectation
By Jenny Gim -October 1, 2024
https://www.businesstoday.com.my/2024/10/01/yinsons-results-met-expectation-eyeing-new-contracts-amid-robust-global-demand/

Yinson may finalise plans to raise US$1-1.5bil via RCPS by year-end
By S. Birruntha - October 2, 2024 @ 11:10am

KUALA LUMPUR: CGS International Research expects Yinson Holdings Bhd's redeemable convertible preference shares (RCPS) issue to be finalised before the end of 2024.
The firm said the funds raised are likely to be utilised to expand the floating production, storage and offloading (FPSO) portfolio by acquiring two to three additional assets.
It said Yinson is keen on growth and intends to leverage the ongoing strength in project internal rates of return (IRRs) within the global FPSO build-operate-lease market.
Previously, reports indicated that Yinson was considering issuing between US$1 billion and US$1.5 billion in RCPS at its FPSO subsidiary level to various global investors.
"We believe that Yinson is either already negotiating directly with certain oil and gas companies or will participate in future bidding exercises, as two of its three project execution teams are prepared to manage new projects.
"Potential downside risks include unexpected delays in project execution or first oil estimates, as well as RCPS terms that may not be favourable to Yinson's shareholders," the firm added.
CGS International said Yinson's second quarter ended July 31, 2024 (2QFY25) was RM135 million, reflecting a 21 per cent decrease quarter-on-quarter (QoQ) due to lower revenue and profits from engineering, procurement, construction, installation and commissioning (EPCIC) activities.
The decline was attributed to a slower pace of completion for the FPSO Atlanta and FPSO Agogo projects, although the completion rate for the FPSO MQ accelerated.
"Another reason for the QoQ decline in core net profit was higher interest expense, as Yinson drew down more project financing for the FPSO MQ and FPSO Agogo projects.
"The group also upsized the debt secured against the cashflows of FPSO Anna Nery in May 2024 in order to recoup its equity capital invested in the asset," it said.
Yinson had indicated at an analyst briefing that first oil for the FPSO MQ was expected in Oct 2024, three to four months earlier than CGS International's estimate.
For the FPSO Atlanta, first oil is anticipated in Dec 2024, two to three months later than projected, and for the FPSO Agogo, it is expected in December 2025.
CGS International said the first oil milestone will boost operating cashflows because daily charter hire is only paid to Yinson when the assets are working, and this may help ease investors' concerns over Yinson's high net gearing.
"Over the course of constructing these assets in the past two to three years, Yinson has been booking substantial engineering, procurement, construction, installation, and commissioning revenues and profits on the profit and loss. However, these are non-cash in nature.
"Instead, Yinson's debt has ballooned, and it has been incurring high debt financing costs, as the projects' capex costs have been largely funded by debt.
Therefore, achieving first oil for the FPSO MQ and FPSO Atlanta could be key rerating catalysts," it noted.

https://www.nst.com.my/business/corporate/2024/10/1113781/yinson-may-finalise-plans-raise-us1-15bil-rcps-year-end

分析：兴业投行研究
目标价：3.29令吉
最新进展：
云升控股（YINSON，7293，主板能源股）在浮式储卸生产油船（FPSO）工程收入下降的情况下，2025财政年次季（截至7月底）净利同比萎缩11.74%，至2亿300万令吉。
同时，云升控股次季营业额同比下挫31.19%，至21亿4200万令吉。

行家建议：
2025财年上半年核心净利为2亿3000万令吉，同比增44%，占全年净利预测的39%，我们仍视为符合预期，因为预计下半年会更强劲。
这主要得益于Anna Nery号自2023年5月首次产油后的全面贡献，营运开支降低，和绿色科技表现良好，也为业绩提供支撑。
Maria Quitera和Atlanta这两艘FPSO，分别预计在10月和12月产油，而Agogo号也预计在2026年末季产油。
另外，全球的FPSO需求依然强劲，且云升仍在积极竞标新项目。同时，目前处于有利的卖方市场，云升将会在2年内稳步推进新项目发展。
云升现金流强劲，依旧承诺股息，并预测未来5年的复合增长率可以达到30%。
不过，基于融资成本走高加上令吉走强，我们将明后财年的净利预测，分别下调10%与3%，目标价也从3.32令吉，微降至3.29令吉，维持“买入”评级。

https://www.enanyang.my/%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1/%E3%80%90%E8%A1%8C%E5%AE%B6%E8%AE%BA%E8%82%A1%E3%80%91%E4%BA%91%E5%8D%87%E6%8E%A7%E8%82%A1-%E8%9E%8D%E8%B5%84%E8%B5%B0%E9%AB%98%E8%B4%A2%E6%B5%8B%E4%B8%8B%E8%B0%83

You wouldn't get 2.25 later you will get the price above 3.00 ....

According to Oaklands Path's report, Yinson is ranked the best FPSO company in the world now.

1, Yinson is the only FPSO company that has consistently turned a profit over the past decade.

2. It has a proven track record of delivering FPSO projects on time and within budget, even during the COVID-19 pandemic. It was the only company in the world not to delay a project due to the pandemic.

3. Yinson has also had no major health, safety, or environmental or downtime incidents. As a result of its strong track record, Yinson is a preferred bidder in the market.

4. The actual operating cash flow should reach over RM3bn in calendar year 2026 and is sustainable for at least another 15 years based on the firm period alone.

5. The debt could be fully paid within a few years if the company does not take on a new project. The cash leftover for shareholders may equal 5 to 8 times of today’s market cap i.e. may equal 59.2 billion in 15 years time.

Yinson Renewables’ 97 MWp Matarani Solar Project in Peru commences operations
Posted Date: 24 Sep, 2024

Yinson Renewables’ Matarani Solar Plant in Peru recently entered into its full operational phase, following the commencement of power export and sales in July 2024. The 97 MWp plant, located near Arequipa, positions Yinson Renewables as Peru’s second largest solar generator and is Yinson’s first operational project in Peru.

The plant, which commenced operations ahead of schedule, is designed to deliver 260 GWh of renewable energy annually and is estimated to be able to satisfy the electricity needs of approximately 62,000 Peruvian households and prevent the emission of more than 56,000 tonnes of CO2 per year. The plant includes almost 150,000 panels covering an area of 750,000m2.

The Matarani Solar Plant has a long-term Power Purchase Agreement (PPA) with Orygen, Peru's leading renewable energy generator, whose majority shareholder is the global sustainable infrastructure investment fund, Actis.

Yinson Renewables Chief Executive Officer, David Brunt, commented, “The Matarani Solar Plant is a significant milestone for Yinson Renewables, being our first in Peru and the region. With this plant now fully operational, Yinson Renewables has created a strong foundation which will facilitate our continued expansion in the region.”

Yinson Renewables acquired the project from Grenergy Renewables in January 2024. Grenergy provided a full turnkey EPC contract for the construction of the project and is also providing operation and maintenance service for the first two years.

Yinson Renewables has a strong growth ambition in Latin America, with a pipeline of close to 1 GW expected to be built in the next three to five years. In Peru, Yinson Renewables also owns the 130 MWp Majes Project, the first phase of which is expected to be ready for construction by end 2024. Matarani is Yinson Renewables' fourth large scale project to reach commercial operations, with the first three being the Rising Bhadla 1 & 2 plants and the Nokh Solar plant in India.

Good job today gain 11 cents….

Petrobras workers strike, company says operations unaffected
By Reuters
February 1, 202011:29 PM GMT+8Updated 5 years ago

Very funny guy posting the old news 5 years ago....

Yinson started unlocking value for the business next is unlock FPSO business ...

Yinson divests offshore marine business to Icon Offshore

Friday, 30 Aug 2024
7:35 PM MYT

https://www.thestar.com.my/business/business-news/2024/08/30/yinson-divests-offshore-marine-business-to-icon-offshore

Yinson divests offshore marine business to Icon Offshore

Friday, 30 Aug 2024
7:35 PM MYT

https://www.thestar.com.my/business/business-news/2024/08/30/yinson-divests-offshore-marine-business-to-icon-offshore

Yinson is Disposals offshore business to Icon for 160 millions

The Proposed Disposals are for a total sale consideration of RM160 million which shall be satisfied by the issuance of 181,818,181 new ordinary shares in Icon at an issue price of RM0.88 per share (“Issue Price”) (“Consideration Shares”) (“Sale Consideration”) and in accordance with the terms of definitive agreement(s) to be entered into by the parties pursuant to the Proposed Disposals (“Definitive Agreement”).

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3480181

Yinson is Disposals offshore business to Icon for 160 millions

The Proposed Disposals are for a total sale consideration of RM160 million which shall be satisfied by the issuance of 181,818,181 new ordinary shares in Icon at an issue price of RM0.88 per share (“Issue Price”) (“Consideration Shares”) (“Sale Consideration”) and in accordance with the terms of definitive agreement(s) to be entered into by the parties pursuant to the Proposed Disposals (“Definitive Agreement”).

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3480181

Unsuccessful cross 3.00 this week maybe next week can break the 3.00 barrier 🔝🔝🔝

唱吧你越是唱這支股就越走越高😂

Yinson recognised as one of Malaysia’s Best Managed Companies by Deloitte for the third consecutive year
Posted Date: 23 Aug, 2024

Yinson has been honoured for the third consecutive year as one of Malaysia’s Best Managed Companies by Deloitte Private.

Aimed to inspire, celebrate, and build a community of private businesses that create a positive impact in their industries and communities, the Best Managed Companies awards evaluate businesses based on four core pillars of strategy, culture and commitment, capabilities and innovation, as well as governance and financials.

Lim Chern Yuan, Yinson Group Chief Executive Officer, received the award on behalf of the Group during the event ceremony held at Le Meridien Kuala Lumpur on 22 August 2024.

“We are honoured to receive this prestigious award and to be acknowledged as one of Malaysia’s Best Managed Companies. This recognition underscores Yinson’s strategic integration of ESG principles throughout our business, our consistent empowerment of our employees in making informed decisions, and prioritising innovative digital solutions in ensuring that our operations top-tier within the industry. Knowing that we are on the right path in managing our company well, Yinson is committed to unlocking greater value for our stakeholders as we advance towards a more sustainable future,” he said.

Chua How Kiat, Best Managed Companies Leader, Deloitte Southeast Asia, said: “The winners of Best Managed Companies awards stand out for their innovation, purpose-driven value creation, industry leadership, commitment to sustainability, active talent engagement and customer-centric mindset. Having witnessed the evolution of the winners through the awards process, particularly for those who have participated over recent years, it is remarkable to see how they have raised the bar for success among private businesses in the region.

Malaysia’s Best Managed Companies awards programme is one of the country’s leading business programmes which recognise innovative and world-class private businesses. Every year, aspirational companies compete for this designation through a rigorous and independent evaluation process, benchmarked against a global standard framework applied across more than 1,300 Best Managed Companies in 46 countries worldwide. Best Managed Companies is a flagship programme presented by Deloitte Private, a division of Deloitte exclusively focused on serving private clients of all sizes.

For more information on the awards programme, please visit Malaysia Best Managed Companies website.

Next week cross over 3.00 😁