After announcing a USD 1 billion investment from a consortium of international firms, Yinson held an Extraordinary General Meeting (EGM) today, marking a key milestone in our strategic growth. The EGM, held at The Gardens Hotel & Residences, was to seek shareholder approval for the proposed issuance of 1,000,000 Redeemable Convertible Preference Shares (RCPS) and 1,000,000 Warrants by Yinson Production to the investors. This investment provides the essential capital to drive the growth of our FPSO business while also accelerating the expansion of our energy transition businesses.  

The resolution outlined in the Notice of EGM dated 12 March 2025 was duly approved by shareholders who cast their votes via physical attendance and through the Remote Participation and Electronic Voting facilities. The EGM reaffirmed Yinson’s commitment to driving long-term value creation as we continue to expand and strengthen our position in the industry. 

Yinson extends its sincere appreciation to the Board of Directors, Senior Management, Company Secretary, shareholders, proxies, and corporate representatives for their contributions and active participation in this year’s EGM. We appreciate the continued trust and support as we embark on another year of growth and progress.