Yinson adds RM2.5 billion to Ghana FPSO contract backlog
An agreement with Eni Ghana extends the vessel’s firm contract to 2036 and includes upgrades to its gas processing facilities.
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An agreement with Eni Ghana extends the vessel’s firm contract to 2036 and includes upgrades to its gas processing facilities.
The steel manufacturer also announced a RM15.8 million contract for a logistics complex in Shah Alam, Selangor.
Yinson said the lease extension and an additional day rate would increase Yinson Production’s firm contract backlog by approximately US$600 million.
Decliners outnumbered gainers despite the benchmark's advance, while trading value increased to RM2.89 billion.
Datuk Lee Teck Yuen, who held the chairmanship during the transition, has been redesignated as a non-executive director.
September sales reached 19,465 units, taking the carmaker’s year-to-date tally to 160,886 units.
The government paid EUR124.35 million for the Naval Strike Missile system before Norway permanently cancelled its export licence, the audit found.
A Bloomberg survey points to higher September output and weaker exports. Official supply and demand figures are due on Oct 12.
Services cannot be considered for resumption before the arrears are paid, with further conditions to follow, Transport Minister Anthony Loke Siew Fook said.
MUFG Bank sees electronics exports cushioning pressure from higher oil prices and expects Malaysia’s policy rate to remain at 2.75%.