【YINSON 7293 交流专区】云升控股

icy97

Type	Announcement
Subject	OTHERS
Description	YINSON HOLDINGS BERHAD ("YHB" OR "THE COMPANY")INCORPORATION OF AN INDIRECT WHOLLY-OWNED SUBSIDIARY - YINSON LAVENDER LIMITED
Pursuant to Paragraph 9.19(23) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, YHB wishes to announce that the Company had on 28 November 2017, through Yinson Macacia Limited, a wholly-owned subsidiary of the Company, incorporated a wholly-owned subsidiary, Yinson Lavender Limited (“YLL”), in the Federal Territory of Labuan, Malaysia under the Labuan Companies Act 1990. The initial issued and paid-up share capital of YLL is USD1.00 comprising of 1 ordinary share. The principal activities of YLL are provision of floating production storage and offloading (FPSO) vessel for chartering and service activities incidental to oil and gas extraction. The incorporation of YLL is not expected to have any material effect on the earnings and net assets of YHB Group for the financial year ending 31 January 2018. This announcement is dated 28 November 2017.

icy97

Type	Announcement
Subject	OTHERS
Description	YINSON HOLDINGS BERHAD ("YHB" OR "THE COMPANY")- PROPOSED NOVATION OF CONTRACT FOR PROVISION OF EPCIC AND LEASING FOR LAYANG FPSO FACILITIES DATED 27 NOVEMBER 2014 BETWEEN JX NIPPON OIL & GAS EXPLORATION (MALAYSIA) LIMITED AND TH HEAVY ENGINEERING BERHAD
The Company wishes to announce that its associate company, Yinson Energy Sdn Bhd (“Yinson Energy”), has affirmed affidavits and extended copies thereof to the High Court of Malaya at Kuala Lumpur in connection with an application made by TH Heavy Engineering Berhad (“THHE”) under Section 368(4) of the Companies Act 2016 for leave to enter into and complete a proposed novation of the contract for provision of EPCIC and leasing for Layang FPSO facilities dated 27 November 2014 (“Charter Contract”) made between JX Nippon Oil & Gas Exploration (Malaysia) Limited (“Nippon”) and THHE, to Yinson Energy.   The affidavits confirm Yinson Energy’s position that it has no objections to the aforesaid application made by THHE, subject to finalisation of the terms of the proposed novation by the parties thereto and/or required by any regulatory authority (if any) and that the proceeds of the proposed novation (being consideration payable by Yinson Energy to THHE for the novation of the Charter Contract) to be set aside and kept in a specific account to be dealt with in pursuance of such orders made by the court. The Charter Contract is for the engineering, procurement, construction, installation and commission and leasing of a floating production storage and offloading facility to be deployed at the Layang field in Block SK10, offshore Miri, Sarawak and is to be novated by THHE to Yinson Energy, acting on behalf of the Company. The proposed novation is to be effective from the date all conditions precedent to the novation (which include among others the court order referred to above being obtained on terms satisfactory to the Company and the full payment of the consideration payable by Yinson Energy to THHE) have been fulfilled and satisfied. Yinson Energy will have no liability or responsibility whatsoever to Nippon or THHE for any loss or liability arising in relation to matters prior to the fulfilment or waiver as aforesaid. The parties are currently in the midst of finalising the other terms of the proposed novation and the application by THHE has been fixed for case management. The Company will make the appropriate announcement to Bursa Securities in accordance with the Main Market Listing Requirements should there be any further developments on the matter. This announcement is dated 29 November 2017

icy97

Type	Announcement
Subject	OTHERS
Description	YINSON HOLDINGS BERHAD ("YINSON" OR "COMPANY")- INCORPORATION OF A JOINT VENTURE COMPANY, PTSC CA RONG DO LTD
Reference is made to the announcements of the Company dated 23 January 2017, 26 April 2017, 27 April 2017, 22 May 2017 and Circular to Shareholders dated 21 June 2017. The joint venture company, PTSC Ca Rong Do Ltd (“PTSC CRD”) had been incorporated on 5 December 2017 in the Republic of the Marshall Islands under the Marshall Islands Business Corporations Act. The authorised share capital of PTSC CRD is 1,000 shares at USD1.00 each. The total number of issued shares is USD1,000 comprising 1,000 shares of USD1.00 each. The shares are held 51% by PetroVietnam Technical Services Corporation and 49% by Yinson Clover Ltd. The principal activity of PTSC CRD is provision of floating marine assets for chartering. The incorporation of PTSC CRD is not expected to have any material effect on the earnings and net assets of Yinson Group for the financial year ending 31 January 2018. This announcement is dated 5 December 2017.

icy97

海事业务报捷
云升第三季赚9116万

2017年12月14日
（吉隆坡13日讯）海事业务报佳，云升控股（YINSON，7293，主板贸服股）截至10月31日财年第三季，净赚9115万6000令吉或每股8.38仙，年增44.44%。

营业额按年大涨105.65%，从1亿2794万4000令吉，涨至2亿6312万令吉。

合计九个月，净利年增61.15%至2亿3503万9000令吉；营业额大增82.44%，报6亿5276万2000令吉。

云升控股今日向交易所报备，业绩报价，归功于海事业务营业额，从去年同期的3亿5762万令吉，增加2亿9419万令吉至6亿5181万令吉。

反观其他业务，则蒙受损失3204万令吉，归咎于汇兑不利、投资产业减值损失，以及行政开销走高，去年同期则取得盈利29万令吉。

联号公司贡献走高

至于联营公司的贡献，盈利减少至4739万令吉；联号公司的盈利贡献则走高至86万令吉。

展望未来，油气领域的中长期展望依然充满挑战及不确定因素，归咎于供应过剩、替代能源崛起及金融机构对油气领域的风险胃口。

面对全球经济活动料持续低迷、美元汇率波动和等问题，云升控股将努力在本财年交出令人满意的成绩。【e南洋】

SUMMARY OF KEY FINANCIAL INFORMATION 31 Oct 2017

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Oct 2017	31 Oct 2016	31 Oct 2017	31 Oct 2016
		$$'000	$$'000	$$'000	$$'000

1	Revenue	263,120	127,944	652,762	357,787
2	Profit/(loss) before tax	106,736	77,435	287,971	182,896
3	Profit/(loss) for the period	91,222	63,109	235,075	145,554
4	Profit/(loss) attributable to ordinary equity holders of the parent	91,156	63,109	235,039	145,847
5	Basic earnings/(loss) per share (Subunit)	8.38	5.79	21.60	13.38
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	6.00	16.60
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.8432		1.8015

icy97

云升控股
明年财测上修12%
2017年12月15日

分析:肯纳格投资研究
目标价：4.30令吉
最新进展

海事业务报捷，云升控股（YINSON，7293，主板贸服股）截至10月31日第三季，净赚9115万6000令吉或每股8.38仙，年增44.44%。

营业额也表现出色，按年大涨105.65%，从1亿2794万4000令吉，涨至2亿6312万令吉。

累计首九个月，净利年增61.15%至2亿3503万9000令吉；营业额大增82.44%，报6亿5276万2000令吉。

行家建议

首九个月的核心净利表现远超预期，竟然达到我们和市场全年预测的91%和89%，这是因为公司的John Agyekum Kufuor（JAK）浮式生产储卸油轮（FPSO）业务的表现，比之前预计中更出色。

因JAK FPSO的净赚幅提升和公司料会收获更多订单，我们将2018财年的净利预测，上修12%。

不过，我们仅将2019财年净利预测稍微上修1%，因为届时云升控股已将JAK FPSO的26%持有权，脱售给一家日本财团。

另一方面，我们相信云升控股收购TH重工（THHEAVY，7206，主板贸服股）位于拉央的FPSO，将有助于公司的国内业务。

在上调净利预测和考虑收购拉央FPSO之后，我们将云升控股的目标价，由4.05令吉上修至4.30令吉。同时，维持“超越大市”的投资评级。



【e南洋】




业绩超标•150亿合约在手‧云升明年盈利上调

（吉隆坡15日讯）云升控股（YINSON,7293,主板贸服组）首9月业绩超出预期，加上手握大量合约，赚幅走强及负债比改善，分析员看好该公司前景光明，并调高2018财政年的盈利预测。

大华继显研究表示，该公司首9个月核心盈利走高85.1%至2亿7890万令吉，相等於全年盈利预测的98%。

归功於美元走强及浮式生产储油船（FPSO）赚幅走高。

肯纳格研究补充，在美元走强下，云升控股2018财政年首9个月的租金则为4.3215令吉。

马银行研究则认为，该公司未来数个月内，仍会相当忙碌，目前，云升控股正在等候与T H重工（THHEAVY,7206,主板贸服组）及吉坤日矿日石能源勘探（JX Nippon）的合约，预期在本月杪将有结果。

TH重工有意将吉坤日矿日石能源勘探合约交由云升控股接手，目前，叁方仍在洽商中。

肯纳格预测，若云升控股攫取上述合约，可额外提高每股资产20仙，包括4亿美元（约16亿3100万令吉）的资本开销、7年期合约及从2021年起，每年获得10%的内部回酬率（IRR），相等於每年增加1000万美元（约4080万令吉）盈利。

针对合约方面，大华继显说，云升控股手握37亿美元（约150亿令吉）合约，其中21亿美元（约85亿6000万令吉）合约为确认合约。此外，尚有10亿美元（约41亿令吉）的越南FPSO合约正在转换中，为期10年，5年可选择更换。

JAKS船只可获更好赚幅

肯纳格预期，云升控股旗下的JAKS船只进行额外的工作，可取得更好的赚幅，因此调高2018财政年的盈利预测，调高12%。

大马投行研究则调高10%予云升控股2018财政年的盈利预测，不过，2019至2020财政年的盈利则维持不变。因该公司脱售部份船只26%的股权，预期相关程序将在明年3月完成。

大华继显较为乐观看待，连同脱售船只股权因素及JAK船只可贡献较好的盈利因素计算在内，将云升控股2018至2020财政年的净利预测分别调高23%、16%及20%。此外，云升控股负债比也从1.4倍改善至1.2倍。

文章来源：
星洲日报／财经·文：刘玉萍·2017.12.15

icy97

icy97 发表于 4-7-2017 01:05 AM
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5476449

云升终止租约获8.7亿

2017年12月22日
（吉隆坡21日讯）针对早前的终止租船合约，云升控股（YINSON，7293，主板贸服股）宣布，联营公司PTSC亚太私人有限公司，将获得2亿1363万美元（约8亿7097万令吉）的终止费。

云升控股向交易所报备，PTSC亚太将在明年1月26日收到上述终止费。

今年4月3日，PTSC亚太接获终止租船合约的通知，因租方将在6月30日清盘。

另外，该公司也宣布，吉隆坡高庭也授权TH重工（THHEAVY，7206，主板贸服股），更新供应工程设计、采购、施工、安装及调试（EPCIC）的合约，及租赁Layang浮式生产储卸油轮（FPSO）的合约，以将合约更替给云升能源私人有限公司。

无论如何，若有任何新进展，该公司将作出必要公布。【e南洋】

Type	Announcement
Subject	OTHERS
Description	YINSON HOLDINGS BERHAD ("THE COMPANY")- SETTLEMENT AND AMENDMENT AGREEMENT
(All United States Dollar (“USD”) amounts stated herein are translated to Ringgit Malaysia (“RM”) at an exchange rate of USD1:RM4.0770) Reference is made to the announcements of the Company dated 3 April 2017 and 3 July 2017, collectively known as “Announcements”. Unless otherwise stated, defined terms in this announcement shall carry the same meaning as defined in the Announcements. The joint venture company, PTSC Asia Pacific Pte Ltd (“PTSC AP”) has on 21 December 2017 signed a settlement and amendment agreement with Petrovietnam Technical Services Corporation (“PTSC”) (“Settlement and Amendment Agreement”) in relation to the Bareboat Charter that was terminated on 30 June 2017. Subject to the terms of the Settlement and Amendment Agreement, PTSC AP will be receiving a termination fee of USD213.63 million (equivalent to approximately RM870.97 million) by 26 January 2018. The Settlement and Amendment Agreement will not have material adverse financial impact on Yinson Group for the financial year ending 31 January 2018. This announcement is dated 21 December 2017.

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Type	Announcement
Subject	OTHERS
Description	YINSON HOLDINGS BERHAD ("THE COMPANY")ACQUISITION OF THE REMAINING 49% EQUITY INTEREST IN ANTEROS RAINBOW OFFSHORE PTE. LTD.
Please refer to attachment for announcement details.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5649097

Attachments 20171227 Acquire 49 percents interest in ARO.pdf

icy97

icy97 发表于 25-12-2017 04:58 AM
云升终止租约获8.7亿

2017年12月22日
（吉隆坡21日讯）针对早前的终止租船合约，云升控股（YINSON，7293，主板贸服股）宣布，联营公司PTSC亚太私人有限公司，将获得2亿1363万美元（约8亿7097万令吉）的终止费 ...

Type	Announcement
Subject	OTHERS
Description	YINSON HOLDINGS BERHAD ("THE COMPANY")- SETTLEMENT AND AMENDMENT AGREEMENT
(All United States Dollar (“USD”) amounts stated herein are translated to Ringgit Malaysia (“RM”) at an exchange rate of USD1:RM4.02). Reference is made to the announcements of the Company dated 3 April 2017, 3 July 2017 and 21 December 2017, collectively known as “Announcements”. Unless otherwise stated, defined terms in this announcement shall carry the same meaning as defined in the Announcements. The joint venture company, PTSC Asia Pacific Pte Ltd (“PTSC AP”) had on 29 December 2017 received the termination fee (net of bank transaction costs and tax) of USD 209.0 million equivalent to approximately RM 840.18 million) (“Termination Fee”). On 2 January 2018, PTSC AP had utilised part of the Termination Fee to fully repay the outstanding amount under the financing facility of project Lam Son. This announcement is dated 3 January 2018.

icy97

Type	Announcement
Subject	OTHERS
Description	YINSON HOLDINGS BERHAD ("YHB" OR "THE COMPANY")INCORPORATION OF SUBSIDIARIES - YINSON GHACACIA LTD AND YINSON GAZANIA PRODUCTION LTD
Pursuant to Paragraph 9.19(23) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, YHB wishes to announce that the Company had on 2 March 2018, incorporated the following subsidiaries in the Republic of the Marshall Islands under the Business Corporations Act of the Republic of the Marshall Islands 1990, with authorised share capital of 500 shares of no par value: Yinson Ghacacia Ltd (“YGL”), as an indirect wholly-owned subsidiary of YHB, held via Yinson Acacia Ltd with an initial issued and paid-up share capital of USD1.00 comprising 1 ordinary share. The principal activity of YGL is investment holding. Yinson Gazania Production Ltd (“YGPL”), as a 90% owned subsidiary of YGL with an initial issued and paid-up share capital of USD10.00 comprising 10 ordinary shares. The principal activity of YGPL is provision of floating marine assets for chartering. The incorporation of YGL and YGPL are not expected to have any material effect on the earnings and net assets of YHB Group for the financial year ending 31 January 2019. This announcement is dated 2 March 2018.

icy97

icy97 发表于 27-4-2017 05:23 AM
云升获越南44亿合约

2017年4月27日
（吉隆坡26日讯）云升控股（YINSON，7293，主板贸服股）宣布，获Talisman越南 07/03 B.V.（简称TLV）颁发总值10亿美元（约44亿令吉）的合约。

根据文告，云升控股是通过间 ...

Type	Announcement
Subject	OTHERS
Description	YINSON HOLDINGS BERHAD ("YINSON" OR "COMPANY")CONTRACT AWARD FOR THE SUPPLY, OPERATION AND MAINTENANCE OF A FLOATING PRODUCTION STORAGE AND OFFLOADING ("FPSO") FACILITY FOR CA RONG DO FIELD DEVELOPMENT - BLOCK 07/03 OFFSHORE VIETNAM ("CONTRACT")
Reference is made to the announcements of the Company dated 23 January 2017, 26 April 2017 and 27 April 2017. PTSC Ca Rong Do Ltd (“PTSC CRD”), a joint venture company owned by Yinson Clover Ltd (“YCL”) and PetroVietnam Technical Services Corporation (“PTSC”) (each holding 49% and 51% respectively in PTSC CRD) had received a notice dated 25 March 2018 (“Notice”) from PTSC under the Bareboat Charter Contract (as defined herein). In the Notice, PTSC informed that on 24 March 2018, PTSC has been notified (“TLV Notice”) by Talisman Vietnam 07/03 B.V. (“TLV”) of a force majeure event under the Contract where TLV has been directed not to carry out the scheduled work program for the CRD Project for the time being. The Contract is a time charter contract comprising the bareboat scope of work (“Bareboat SOW”) and operation and maintenance of the FPSO. YCL, an indirect wholly-owned subsidiary of YHB had on 26 April 2017 entered into the Contract with TLV for CRD Project. As a requirement under the bid for the Contract, YCL had also on even date entered into a novation agreement with TLV and PTSC for the novation of all rights and liabilities under the Contract to PTSC. Subsequently, PTSC CRD was incorporated on 5 December 2017 to jointly undertake the execution and performance of the Bareboat SOW. PTSC CRD entered into the bareboat charter contract with PTSC (in its capacity as charterer) (“Bareboat Charter Contract”) for the Bareboat SOW. Pursuant to the TLV Notice, PTSC with the support of PTSC CRD has sought clarification from TLV on the nature of the alleged force majeure event, including particulars of how TLV’s performance of its obligations under the Contract has been affected, and the action intended to be taken by TLV to remedy the situation as provided for under the provisions of the Contract. Pending resolution of this matter, and in compliance with the Notice, PTSC CRD will endeavour to take all reasonable actions to mitigate the effects of the force majeure event. PTSC CRD will continue to monitor the situation closely and will assert its rights under all relevant contracts and in laws, for any claims, liabilities, losses, and/or damages against or suffered by it in any way concerning this matter. This announcement is dated 27 March 2018.

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Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-29032018-00001
Subject	Interim Contract for Provision and Charter of FPSO PTSC Lam Son (Interim Contract)
Description	YINSON HOLDINGS BERHAD ("YINSON" or "COMPANY")INTERIM CONTRACT FOR PROVISION AND CHARTERER OF THE FPSO PTSC LAM SON
Query Letter Contents	We refer to your Company’s announcement dated 27 March 2018 in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- The contract value of the Interim Contract The duration of the Interim Contract, including completion date. The effects of the Interim Contract on the earnings per share and net assets per share of the Yinson  Holdings Berhad group.
(All United States Dollar (“USD”) amounts stated herein are translated to Ringgit Malaysia (“RM”) at an exchange rate of USD1:RM3.87) Reference is made to the announcements of the Company dated 3 April 2017, 3 July 2017, 21 December 2017, 3 January 2018 and 27 March 2018, collectively known as “Announcements”. Unless otherwise stated, defined terms in this announcement shall carry the same meaning as defined in the Announcements. The Company wish to announce that the Interim Contract shall be effective from 1 July 2017 until 31 December 2018 (“Maximum Tenure”) or an earlier date if it is terminated pursuant to termination of the Time Charter Interim Contract or if a new charter contract is executed (thereby superseding the Interim Contract). The value of the Interim Contract is approximately USD27.3 million, derived based on the Maximum Tenure. The Interim Contract is expected to have positive impact on the earnings and net assets per share of Yinson Group for the financial year ending 31 January 2019. This announcement is dated 29 March 2018.

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EX-date	21 May 2018
Entitlement date	23 May 2018
Entitlement time	04:00 PM
Entitlement subject	Special Dividend
Entitlement description	Single Tier Special Dividend of 4 sen per ordinary share
Period of interest payment	to
Financial Year End	31 Jan 2018
Share transfer book & register of members will be	to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	SECURITIES SERVICES (HOLDINGS) SDN BHDLevel 7, Menara MileniumJalan Damanlela, Pusat Bandar DamansaraDamansara Heights50490Kuala LumpurTel:0320849000Fax:0320949940
Payment date	08 Jun 2018
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers	23 May 2018
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.04

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Jan 2018

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Jan 2018	31 Jan 2017	31 Jan 2018	31 Jan 2017
		$$'000	$$'000	$$'000	$$'000

1	Revenue	257,394	185,468	910,156	543,255
2	Profit/(loss) before tax	73,799	30,283	361,770	213,179
3	Profit/(loss) for the period	56,998	51,201	292,073	196,755
4	Profit/(loss) attributable to ordinary equity holders of the parent	57,140	51,201	292,179	197,048
5	Basic earnings/(loss) per share (Subunit)	5.31	4.71	26.85	18.07
6	Proposed/Declared dividend per share (Subunit)	6.00	2.00	12.00	16.60
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.8305		1.8015

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Type	Announcement
Subject	OTHERS
Description	YINSON HOLDINGS BERHAD ("YHB" OR "THE COMPANY")INCORPORATION OF A WHOLLY-OWNED SUBSIDIARY  YINSON LAVENDER OPERATIONS SDN BHD
Pursuant to Paragraph 9.19(23) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, YHB wishes to announce that the Company had on 30 March 2018, incorporated a wholly-owned subsidiary, Yinson Lavender Operations Sdn Bhd (“YLOSB”) in Malaysia under the Malaysia Companies Act 2016. The initial issued and paid-up share capital of YLOSB is RM1.00 comprising of 1 ordinary share. The principal activities of YLOSB is operating and maintaining floating production storage and offloading vessels and other offshore facilities for the production of offshore oil and gas fields. The incorporation of YLOSB is not expected to have any material effect on the earnings and net assets of YHB Group for the financial year ending 31 January 2019. This announcement is dated 30 March 2018.

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Date of change	01 Apr 2018
Name	MR HO GUAN MING
Age	46
Gender	Male
Nationality	Malaysia
Type of change	Appointment
Designation	Others
Qualifications	- Bachelor Degree in Commerce (Accounting), University of Canberra, Australia.- Chartered Accountant, Malaysian Institute of Accountants (MIA).
Working experience and occupation	Mr Ho started his career as an Audit Assistant with BDO Binder from 1994 and left the firm in 1997 as an Audit Senior to join a private company involved in palm oil & petrochemical industry as Finance Manager. He later joined a public listed company having global business in oil & gas industry for 15 years as Senior Accountant in 2001 and was promoted to Treasury Manager in 2006 and subsequently, to Group Financial Controller in 2007 till 2016. Thereafter, Mr Ho joined Yinson Holdings Berhad as Group Financial Controller, the position he held since 2016.
Directorships in public companies and listed issuers (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	No
Details of any interest in the securities of the listed issuer or its subsidiaries	No

Remarks :

Mr Ho Guan Ming is the Group Financial Controller of Yinson, in place of Mr Tan Fang Fing, the Group Chief Financial Officer of the Company. Mr Ho Guan Ming will be the officer primarily responsible for the financial management of Yinson, upon his appointment as Principal Officer of Yinson.This announcement is dated 30 March 2018.

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Date of change	01 Apr 2018
Name	MR TAN FANG FING
Age	61
Gender	Male
Nationality	Malaysia
Type of change	Retirement
Designation	Chief Financial Officer
Qualifications	* Fellow member (FCCA), Association of Chartered Certified Accountants (ACCA).* Chartered Accountant, Malaysian Institute of Accountants (MIA).* Master in Business Administration - University of Dayton (USA).
Working experience and occupation	Mr Tan started his career as an audit assistant with Cooper & Lybrand from 1983 and left the firm in 1988 as a qualified accountant. He later joined Touche Ross & Tohmatsu in Singapore as an audit senior for a year. In 1990, he joined the subsidiary of a public listed company as an accountant and worked for one and a half year. He was the Group Accountant of Yinson from 1994 and promoted to Group Chief Financial Officer since 1 September 2014.

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