Shareholders Agreement Bursa



-December 16, 2020-

Shareholders Agreement Bursa

Mike Burroughs

In a statement to Bursa Malaysia, Yinson said the shareholders` pact and convertible credit contract would come into effect after the contract was concluded. There is also a convertibility contract between related parties that are attached to the share subscription contract. PETALING JAYA: Yinson Holdings Bhd and Sumitomo Corp have taken a step further in their proposed cooperation for the Marlim project off the coast of Brazil, in the northeastern part of the Campos Basin. Yesterday, the two parties signed an agreement to under-subscribe shares to supervise their participation in the project. There is also a converted credit between the related parties that is attached to the agreement. Tags/ keywords: Yinson, Sumitomo, Marlim Project, Convertible Loan, FPSO, Marlim Project includes the Marlim 2 FPSO charter contract at Marlim Field off Brazil in the northeastern part of the Campos Basin. There is also a service contract that includes operations and maintenance services during the Charter phase of Marlim 2 FPSO. The estimated value is $5.4 billion for a 25-year fixed contract term, expected in the first quarter of 2023.


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