Stonepeak, Lim Family Are Said to Weigh Withdrawing Yinson Bid


Yinson’s net income in the latest quarter plunged 65% from a year earlier to 228 million ringgit and revenue fell 19%. The company cited higher administrative expenses, impairment losses for renewables and green technologies and the absence of previous one-off gains from disposals. Founder Lim Han Weng said Yinson Production remains the group’s primary growth engine, with steady progress on projects under construction, including in Vietnam.



Source link

  • Related Posts

    EU-Backed Group Warns of Expensive Critical Metals Stockpiling

    But any such measures will likely be a challenge, according to EIT RawMaterials, an EU-funded group that helps secure critical minerals supplies. That’s because some prices in places like Europe…

    U.S. dismisses report of Kyiv embassy drawdown after Russia warning; Zelenskyy pens Trump letter asking for air defense

    The United States on Thursday reiterated that its diplomats remained in Kyiv despite Russia’s escalating threats, dismissing a suggestion from the European Union’s top diplomat that Washington had evacuated the…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Best Tower Fans for 2026, Tested by CNET

    Best Tower Fans for 2026, Tested by CNET

    As governments pour billions into new affordable housing, existing units in disrepair

    As governments pour billions into new affordable housing, existing units in disrepair

    EU-Backed Group Warns of Expensive Critical Metals Stockpiling

    Dormitory fire at Kenyan school kills at least 15 students | Kenya

    Dormitory fire at Kenyan school kills at least 15 students | Kenya

    Why the gut is known as the second brain

    Why the gut is known as the second brain

    China’s secret weapon in AI race with US? Lots of cheap energy | Technology News

    China’s secret weapon in AI race with US? Lots of cheap energy | Technology News