MISC Considers Consortium Bid to Take Yinson Private
Malaysian energy maritime specialist MISC is evaluating a potential role in a consortium targeting the privatisation of offshore infrastructure player Yinson.
MISC Group is evaluating a possible role in a consortium formed to take Kuala Lumpur-headquartered energy infrastructure company Yinson private.
Discussions regarding the prospective transaction are currently centered around an indicative valuation of RM2.35 ($0.58) per share.
A key unit within the Petronas Group of Companies, MISC owns and operates offshore floating assets alongside providing specialized energy-related maritime services and solutions.
Yinson focuses its core business on energy infrastructure, with operational exposure spanning offshore production units, renewable energy developments, and green technology ventures.
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