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

    Could our preoccupation with mental health be part of the problem?

    Could our preoccupation with mental health be part of the problem? In some ways, encouraging people to think and talk more about their mental health is a good thing. There…

    Multiverse Raising Funds at $1.7 Billion Value to Cut AI Costs

    It’s one of a growing number of startups promising to cut the ongoing expense of using AI models, known as inference costs. Companies such as as model marketplace OpenRouter, developer…

    Leave a Reply

    Your email address will not be published.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

    You Missed

    Who Are the People Protesting in India?

    Who Are the People Protesting in India?

    Everything I am is because of my parents – ex-India captain Rahane

    Everything I am is because of my parents – ex-India captain Rahane

    Could our preoccupation with mental health be part of the problem?

    Could our preoccupation with mental health be part of the problem?

    Multiverse Raising Funds at $1.7 Billion Value to Cut AI Costs

    Trial begins for Lindsay Clancy, mother on trial in deaths of her 3 children

    Trial begins for Lindsay Clancy, mother on trial in deaths of her 3 children

    7 Shoe Trends French It Girls Are Swapping Sandals For Right Now

    7 Shoe Trends French It Girls Are Swapping Sandals For Right Now