Discussions on the proposed privatisation of Yinson Holdings Bhd involving MISC Bhd, Yinson Legacy Sdn Bhd (YLSB) and the Employees Provident Fund (EPF) remain ongoing, with the indicative offer price unchanged at RM2.35 per share.
In a notice to Yinson’s board of directors today, YLSB said the parties were continuing discussions on a potential privatisation through a scheme of arrangement.
The proposal, if implemented, would involve MISC and YLSB acquiring the remaining 55.20% of Yinson’s issued share capital not already held by YLSB, certain parties acting in concert with it, and EPF.
Following completion, MISC and YLSB are expected to hold equal interests in Yinson, while EPF would retain its existing effective shareholding.
The latest update follows YLSB’s earlier notice dated Aug 28, 2026, concerning its possible participation in a consortium to privatise the offshore energy services group.
YLSB stressed that the proposed transaction remains subject to further evaluation and negotiations, the execution of definitive agreements, determination of the final offer price and requisite approvals.
“There can be no assurance that the discussions will lead to or result in the implementation of the Proposed Scheme,” it said.
The company emphasised that the notice does not constitute a firm intention to privatise Yinson and that there is no certainty an offer or transaction will ultimately materialise.
YLSB said it would provide further notifications on any material developments and advised Yinson shareholders and investors to exercise caution when dealing in the company’s securities.
