Yinson proposes Bonus Issue to reward shareholders, Rights Issue with free warrants also proposed to fuel growth
Yinson has proposed a 1-for-1 Bonus Issue, which will see an issuance of up to 1,112,540,173 Bonus Shares. This proposed Bonus Issue exercise rewards existing shareholders for their continued support, and encourages greater participation in the Group’s equity given the larger share base. The entitlement date will be announced later upon receiving all the relevant […]
Yinson Attains Global Anti-Bribery Management System Certification
Yinson Holdings Berhad (“Yinson” or “the Group”) has recently received the ISO 37001 certification from international certification body Bureau Veritas, in recognition of its robust Anti-Bribery Management System (“ABMS”). The certification audit, which was undertaken by Yinson’s Global Headquarters in Malaysia and Projects Headquarters in Singapore, yielded Zero Non-Conformities. In its audit report, Bureau Veritas […]
Yinson inks Term Sheet with GTMA to accelerate national electric vehicle charging infrastructure development
Yinson, through its wholly owned subsidiary Yinson Green Technologies (M) Sdn Bhd has signed a Term Sheet with GreenTech Malaysia Alliances Sdn Bhd (“GTMA”), a wholly owned subsidiary under the Malaysian Green Technology and Climate Change Corporation (MGTC) that aims to accelerate the development of electric vehicle (EV) charging infrastructure in Malaysia. The Term Sheet […]
Yinson invests in marine battery solutions pioneer SPBES
Yinson, through Singapore-based subsidiary Yinson Venture Capital Pte Ltd (a wholly owned subsidiary of Yinson Green Technologies Pte Ltd “YGT”), has invested in Sterling PBES Energy Solutions Ltd (“SPBES”), a Canada-based energy storage solutions company working to lower or eliminate dependence on fossil fuels in marine and industrial applications. This clean energy investment fits firmly […]
Yinson’s Board Strengthened With Appointment Of New Director
Yinson is pleased to announce the appointment of Gregory Lee as Independent Non-Executive Director, effective from 1 October 2021. Gregory has over 25 years of experience as a business and strategic leader, specialising in scaling, turnarounds, and bringing companies to the next level. He is a proven consumer technology leader, serving for 13 years in […]
Yinson Collaborates With Plus Xnergy
Yinson, through its indirect wholly owned subsidiary Yinson Renewables, has signed a collaboration agreement with Plus Xnergy Services Sdn Bhd (“PXS”), a wholly owned subsidiary of Plus Xnergy Holding Sdn. Bhd. (“Plus Xnergy”), expressing intentions to enter a business alliance to jointly invest and develop solar photovoltaic (“PV”) projects via power purchase agreement (“PPA”) schemes […]
Yinson, as part of ‘Goal Zero’ consortium, awarded grant to develop fully electric harbour craft solution in Singapore
Yinson Holdings Berhad (“Yinson, or the “Group”) through a consortium participated in by wholly-owned subsidiary Yinson Green Technologies Pte Ltd (“YGT”), has been awarded funding by the Maritime and Port Authority of Singapore (“MPA”) and Singapore Maritime Institute (“SMI”) to develop, deploy and commercialise a fully electric cargo vessel with interoperable swappable battery infrastructure solutions. […]
Yinson and SMRT Ventures co-invest in autonomous vehicle tech startup, MooVita
Yinson, together with SMRT Ventures has entered into an agreement in June 2021 to co-invest in autonomous vehicle tech startup, MooVita Pte Ltd (“MooVita”). As the lead investor in this fundraising round by MooVita, the investment marks Yinson’s first foray into mobility – one of three segments alongside marine and energy that the Group is […]
Yinson holds fully virtual 28th Annual General Meeting
Yinson held its 28th Annual General Meeting (“AGM”) in full virtual proceedings today. In light of the nationwide full movement control order in Malaysia and subsequent revised guidelines from Securities Commission Malaysia, the entire meeting was organised remotely and conducted via live streaming through an online meeting platform, Securities Services e-Portal. The presence of Yinson’s […]
Yinson receives A1/stable and A+/stable ratings from RAM and MARC
Yinson Holdings Berhad (“Yinson” or the “Group”) has secured A1/stable and A+/stable ratings from RAM Rating Services Berhad (“RAM Ratings”) and Malaysian Rating Corporation Berhad (“MARC”) respectively. Both MARC and RAM Ratings opined that Yinson’s strong business profile is underpinned by its capability to secure recurrent sizeable long-term FPSO contracts which in turn provided earnings […]