Yinson completes acquisition of India solar plant
Yinson through its wholly-owned subsidiary, Yinson Renewables (S) Pte Ltd, has completed its acquisition of an additional 57.5% equity interest in Rising Sun Energy Private Limited (“RSE”), an India-incorporated company with two operational solar plants in the Bhadla Solar Park, Rajasthan, India. The entry into this agreement was announced on 21st August 2020. Yinson had previously […]
Yinson welcomes new Group Chief Financial Officer
Yinson is pleased to announce the appointment of Mr Guillaume Jest as Group Chief Financial Officer (“CFO”), effective from 1 December 2020. Reporting to Yinson Group Chief Strategy Officer Mr Daniel Bong, Guillaume will oversee the strategic transformation of the Group’s tax, treasury and financial reporting (“TTF”) functions in line with Yinson’s growth and expansion […]
Yinson expands Renewables team
Yinson is pleased to welcome Steve Pears as Senior Vice President, Construction and Technology, of its Renewable Division, further strengthening the Group’s standing as an emerging player in the global renewables industry. Steve has over 24 years of experience with both onshore and offshore renewables, involving surveying, design, tendering and contracting, construction management and services […]
Yinson participates in FYIstival: The African Edition
On 17 September 2020, Yinson’s General Counsel, Group Legal, Mr Andrew Choy, participated as a panel speaker at FYIstival: The African Edition – a business festival organised by the Singapore Business Federation. Andrew joined three other panellist from Mixta Africa, Ecodi Ghana and Patisen to discuss the topic ‘Spotlighting opportunities for doing business in West Africa’. The […]
Yinson increases stake in India solar plant to 95%
Yinson through its wholly-owned subsidiary Yinson Renewables (S) Pte Ltd, has entered into an agreement to acquire additional 57.5% equity interest in Rising Sun Energy Private Limited (“RSE”), an India-incorporated company with two operational solar plants in the Bhadla Solar Park, Rajasthan, India. Yinson will pay INR1.1 billion (RM61 million) for the stake, subject to […]
Yinson holds 27th Annual General Meeting
Yinson held its 27th Annual General Meeting (“AGM”) in full virtual proceedings today for the first time. The entire meeting was conducted via live streaming through a virtual platform as a safety measure to protect the wellbeing of our shareholders and proxies due to the unprecedented conditions caused by the Covid-19 pandemic. The virtual meeting was […]
Yinson Holdings Berhad voted Best Mid Caps company by FinanceAsia
Yinson Holdings Berhad has been voted as Malaysia’s ‘Best Mid Caps’ company in FinanceAsia’s 2020 Asia’s Best Companies survey. The survey result was based on the professional views of over 300 portfolio managers and analysts. This is yet another milestone for Yinson, further reinforced with the vote of confidence the investment community has in the […]
Yinson announces leadership changes to gear for greater growth
Yinson is pleased to provide an update on changes to its Key Management team, in line with its plans for growth and diversification as follows: Promotion of Mr Eirik Arne Wold Barclay to the corporate role of Group Executive Vice President (EVP) of New Ventures and Technology. Eirik previously held the role of Chief Executive […]
Yinson’s Covid-19 global response
COVID-19: YINSON’S RESPONSE Amid the unprecedented challenges arising from the Covid-19 pandemic, Yinson will continue to stand strong, united, and adaptable. Yinson is committed to doing our part in the global energy supply chain so that vital energy products can continue to be provided to countries and communities during this time of crisis. We continue […]
Yinson acquires 37.5% stake in Indian solar plant
Yinson has entered into multiple agreements to acquire a 37.5% equity interest in Rising Sun Energy Private Limited (“RSE”), an India-incorporated company with two operational solar plants in the Bhadla Solar Park, Rajasthan, India. Yinson will pay INR554 million (RM32 million) for the stake, subject to closing conditions, while also providing funding of INR600 million […]