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RHB cuts target price on Yinson thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
Setting the standards: Yinson Holdings Bhd have a proven track record in consistently delivering projects on budget and on time. PETALING JAYA: Decent tender visibility for the coming year bodes well for energy solutions provider Yinson Holdings Bhd amid growing expectation of a recovery in the economy. The company is relooking the floating production storage offload (FPSO) Limbayong project, which has been revived by Petronas in a joint venture with MISC Bhd , and another FPSO project in Brazil – Atlanta Phase 2 – by oil company Enauta, with the award expected by end-2021. Yinson is also exploring a potential redeployment of FPSO Lam Son, which is currently chartered to PetroVietnam, but whose tenure is uncertain after the contract ends on Jun 30 next year. ....