Yinson Producfion secures USD 1 billion investment from consorfium of internafional investment firms to drive further growth

 Yinson Producfion has entered into a definifive agreement with a consorfium of global investment firms to raise pre-IPO growth capital of USD 1 billion, with the opfion to upsize to USD 1.5 billion within 24 months

 The proceeds are intended to be used to support Yinson Producfion’s further growth and USD 200 million to Yinson Holdings Berhad to grow the Group’s energy transifion businesses and return of capital to shareholders

 The transacfion is expected to close in the first quarter of 2025, subject to customary closing condifions

UTILISATION OF PROCEEDS
The Subscription Price is intended to be utilised by YHB and its group of companies (collectively, the “Group”) in the following manner:
Description
Note
Estimated timeframe for utilisation from the receipt of funds
In USD and %


General corporate purposes of the YPOPL Group
(i) Within 18 months
USD 784,500,000 ( For Expansion the FPSO business )
3,511,030
78.0 %

Expansion of renewable energy business
(ii) Within 18 months
USD 60,000,000
268,530
6.0 %

Expansion of green technology business
(iii) Within 18 months
USD 20,000,000
89,510
2.0 %

Repayment of bank borrowings
(iv) Within 18 months
USD 20,000,000
89,510
2.0 %

Working capital for the Group
(v) Within 18 months
USD 70,000,000
313,285
7.0 %

Distribution to shareholders of YHB through share buy-back and dividends
(vi) Within 18 months
USD 30,000,000
134,265
3.0 %

Estimated expenses relating to the Proposed YPOHL And RCPS Issue
(vii) Within 12 months
USD 15,500,000
69,370
2.0 %

Total
USD 1,000,000,000 100.0 %

Time charter rate of Yinson FPSO

1. Fpso Agogo usd 850,000 a day ( fisrt oil last quarter 2025 ) ( firm contract usd 4.6 b / 15 years from fist oil )

2. ⁠Fpso Maria Quiteria usd 642,000 a day ( first oil 21 oct 2024 )( firm contract usd 5.2 b /22.5 years from fist oil )

3. ⁠Fpso Atlanta usd 315,000 a day ( first oil 31 dec 2024 )( firm contract usd 1.7 b / 15 years from fist oil )

4. Fpso Anna Nery usd 610,000/ 63.2 % = usd 386,000 a day ( first oil may 2023 ) ( firm contract usd 5.5 b / 25 years from first oil )

Yinson planned list @ Nasdaq in schedule after 2 years and RCPS will convert to new Ypohl ipo share after convert that is no interest incurred to yinson !

After agogo achieve first oil on last Qr of 2025 the Fpso business PAT will hit 1.5 Billions on 2026 onward .

They will either keep it or cancel it !

FYI they wouldn't sale the treasury shares to an institution !