Yinson to focus on oil and gas sector

Malaysia's Yinson Holdings could become a strictly oil and gas focused company after it entered talks to sell off several subsidiaries in a potential 228 million ringgit ($60.3 million) deal, just days after announcing plans to raise capital.

Sale pending: Yinson is in talks over the potential sale of its non-oil and gas subsidiaries
Sale pending: Yinson is in talks over the potential sale of its non-oil and gas subsidiaries
Published 30 June 2015, 03:31Updated 30 June 2015, 03:36
Asia & Oceania