Yinson unit to sell Nautipa stake for RM188mil


PETALING JAYA: Yinson Holdings Bhd’s wholly-owned indirect subsidiary Yinson Production AS has entered into a share purchase agreement with Prosafe Production Public Ltd, a wholly-owned subsidiary of BW Offshore Ltd, to dispose of its entire equity interest in Nautipa AS for US$59.3mil (RM187.98mil).

The completion of the deal is conditional upon approval by Yinson shareholders.

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Business , Yinson , BW Offshore , Prosafe

   

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