Yinson

Yinson announces its plan to divest its offshore marine business, Regulus Offshore, to Icon Offshore Berhad. The disposal was executed via a binding term sheet signed between both parties for a consideration of RM160 million, which is to be satisfied via issuance of new shares by Icon at RM0.88 per share. The timely move is in alignment with its strategic direction to focus on its FPSO and energy transition businesses. Read here for more: https://lnkd.in/geyXGaYn   #Yinson #Passionatelydeliveringpowerfulsolutions #offshoremarine #regulusoffshore #divestment #Iconoffshore #termsheet

Our Group Chief Information Officer, Alex Tan was invited as a panel speaker at the 5th #PJStartupFestival2024, Malaysia on 18th August 2024. The festival is the largest free digital economy event in Petaling Jaya that aims to support grassroots startups in the district. Drawing from his experience as a technopreneur in both startups and large multinational corporations, Alex shared the essential qualities that define successful technopreneurs. He discussed the ABCDs and 3Is (Innovation, Insights, Intelligence) of a technoprenuer’s DNA, offering valuable lessons and practical advice for the professionals and budding technopreneurs. #Yinson #Passionatelydeliveringpowerfulsolutions #genAI #technopreuner #startup

Yinson Holdings Berhad won Silver for the Transformation category under the Large Companies Tier at The Star’s ESG Positive Impact Awards 2023 (“Awards”). Yinson’s Head of Sustainability, Dr Renard Siew received the award on behalf of the Group during the awards gala dinner held at Sheraton Hotel Petaling Jaya on 21 August 2024. Speaking on the honours, “We are deeply honoured to receive the ESG Transformation Award, a testament to our collective commitment to driving positive change. This achievement would not have been possible without the dedication and passion of our incredible team. Thank you for being an integral part of this transformative journey." Read more: https://lnkd.in/g5Z4X_qm #Yinson #PassionatelyDeliveringPowerfulSolutions #TheStar #ESGPositiveImpactAwards2023

Yinson has been recognised for the third consecutive year as one of Malaysia’s Best Managed Companies by Deloitte Private.   CY Lim, Yinson Group Chief Executive Officer, received the award on behalf of the Group during the event ceremony held at Le Meridien Kuala Lumpur on 22 August 2024.   “We are honoured to receive this prestigious award and to be acknowledged as one of Malaysia’s Best Managed Companies. This recognition underscores Yinson’s strategic integration of ESG principles throughout our business, our consistent empowerment of our employees in making informed decisions, and prioritising innovative digital solutions in ensuring that our operations top-tier within the industry. Knowing that we are on the right path in managing our company well, Yinson is committed to unlocking greater value for our stakeholders as we advance towards a more sustainable future,” he said.    Read more: https://lnkd.in/gHG8UHnt

Congratulations Yinson Production on the safe arrival for FPSO Maria Quitéria at the Jubarte field on 10 August 2024. As the team embarks on the next phase of the mooring campaign, we wish you continued success and to uphold the operational excellence that Yinson Production is renowned for. Keep up the fantastic work! #Yinson #YinsonProduction #Passionatelydeliveringpowerfulsolutions #FPSOMariaQuitéria #Brazil #FPSO #Oilandgas

Yinson Group Chief Strategy Officer Jia Jun Chai recently spoke at the Climate Finance Summit 2024 on “Embracing the Green Shift in Sustainability Adoption”.    Moderated by Hillary Chua, Managing Director of Opus Consultants, JJ joined panellists Mohamed Nazri Omar, Managing Director of Group Corporate and Investment Banking of Bank Pembangunan Malaysia Berhad (BPMB), Anjali Viswamohanan, Director of Policy of Asia Investor Group on Climate Change (AIGCC), and Tham Chee Aun, Group CEO of Ditrolic Energy, to discuss innovative strategies essential to reach sustainability goals.    “It was a pleasure to share Yinson’s growth and inclusive transition journey thus far at the Climate Finance Summit 2024. At Yinson, we embrace change and understand our crucial role in the energy transition. While climate change and energy transition pose risks, they are also megatrends with immense potential and opportunities. Our journey, marked by both challenges and successes, underscores the importance of clean and innovative solutions to ensure a fair and equitable transition to a net zero world.”    The summit, organised by Perdana Fellows Alumni Association, focused on “Mobilising Capital for a Just Transition” this year, covering themes such as Asia’s Leadership in Climate Finance, Financing for Transition, Bridging Gaps for Climate Justice, and Embracing the Green Shift in Sustainability Adoption.    We extend our heartfelt thanks to Climate Finance Summit 2024 for this incredible opportunity.    #Yinson #Passionatelydeliveringpowerfulsolutions #CFS2024 #ClimateFinanceSummit #climatefinance  

In celebration of International Youth Day, Yinson believes in the potential of our young leaders, providing opportunities for them to plan, coordinate and lead meaningful initiatives. From spearheading projects to driving innovation within our company, our young professionals are at the forefront in creating positive change.   The One Young World Forum for instance, is a dynamic platform where our youthful visionaries are empowered to lead initiatives that contribute to a just and sustainable future for all. Since our participation in 2022, our young leaders have identified key areas to enhance in our workplace, such the establishment of Yinson Lean-in Circles and YinsonCARES. The 2022 cohort launched Yinson Lean In – a platform that provides a safe space for women to engage in mentorship, address gender bias, and develop leadership skills. The 2023 cohort introduced YinsonCARES, which facilitates open discussions on mental health and well-being.   We are proud of the progress and positive change our youths have brought to the company and we continue to celebrate the spirit and potential of our youth as they passionately deliver powerful solutions in propelling Yinson forward. Here’s to the young minds shaping a better and brighter world!   #Yinson #Passionatelydeliveringpowerfulsolutions #InternationalYouthDay #OneYoungWorld #YouthEmpowerment #LeadershipDevelopment #SkillBuilding 

Yinson is proud to spearhead the Malaysia Carbon Market Association (MCMA) as president, joining our fellow founding members to advance MCMA’s vision of making carbon markets accessible to all. Yinson believes that a vibrant and well-developed domestic carbon market is crucial for the long-term transition to a low-carbon economy. To this end, Yinson has actively participated in two carbon credit auctions, including a successful bid for credits from the Kuamut Rainforest Conservation Project. For more information on MCMA, please visit www.mycarbonmarket.org   Read more here: https://lnkd.in/gCtsnSFv   #Yinson #Passionatelydeliveringpowerfulsolutions #MCMA #MakingCarbonMarketsAccesibleToAll #carbonmarkets

Discover how infrastructure plays a key role in balancing our growing energy demands with the urgent need to combat climate change. #Yinson #PassionatelyDeliveringPowerfulSolutions #YinsonInsights #EnergyTransition

Yinson is pleased to participate in the auction of the first Malaysian nature-based carbon credits from the Kuamut Rainforest Conservation Project.   The development of a robust local carbon market is vital to facilitate collective climate action towards achieving our national climate ambitions. The auction of domestic forest credit provides an offsetting pathway for hard-to-abate emissions while supporting the long-term sustainable protection and restoration of the Kuamut Rainforest’s resources. Read more on Yinson's Climate Goals: https://lnkd.in/gyGy4Gh   #Yinson #passionatelydeliveringpowerfulsolutions #carboncreditauction #KuamutRainforestConservationProject #sustainability #climatechange #carbonmarket #climategoals