LATEST NEWS   Haze: Schools under PPD of Hulu Langat, Petaling Perdana, Kuala Langat, Sepang, Kuantan and Rompin also to close tomorrow - Fadhlina | Haze: Schools in Johor, Melaka, Negeri Sembilan and Putrajaya to close tomorrow - Fadhlina | Haze: School closures to depend on SOPs and advice from MetMalaysia and Health Ministry - Fadhlina | Transboundary haze issue to be discussed at ministerial level ahead of next month's ASEAN Summit - Mohamad Hasan | Malaysians advised to postpone travel to Saudi Arabia following Riyadh bombing – Mohamad Hasan | 
Yinson Holdings Bhd
BUSINESS • 28/08/2026 02:12 PM

Yinson Holdings Shares Down 2.25 Pct At Midday

KUALA LUMPUR, Aug 28 (Bernama) -- Yinson Holdings Bhd’s share price fell 2.25 per cent at midday today, following a report that its founder, the Lim family, as well as the Employees Provident Fund (EPF) and MISC Bhd are teaming up for a potential takeover of the oil and gas company.

At 12.18 pm, the group’s share price slipped five sen to RM2.17, with 7.92 million shares changing hands.

According to reports, the three parties are forming a consortium to take Yinson private in a deal that could put the value of the company at around US$1.7 billion (RM6.86 billion).

Ad Banner

The consortium is reportedly preparing to submit an indicative offer of around RM2.35 per share.

-- BERNAMA

Ad Banner
Ad Banner
Ad Banner

More News

Categories

Tags