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Stone offer RM3.23 per share. But if i am to sell as an owner, i will only do so at a price of 3.8 and 5.3 ranges. Remember the family will lose their company forever...
not necessarily they will lose the company. the report says :
New York-based Stonepeak is teaming up with the Lim family, Yinson’s founder and biggest shareholder, to take the Kuala-Lumpur-listed energy infrastructure company private,
together they want to buy back the listed and floating shares I guess. If the public don't take the offer then, the share price might drop even further with the dropping revenue and profit due to the fall in the crude oil price.
After consultation with its major shareholders, the Company was advised by Lim Han Weng (Group Executive Chairman of YHB) that they are in exploratory discussions with various parties with reference to potential corporate proposal(s) concerning their shareholding in YHB. However, given that the discussions are still at an exploratory stage, there is currently no conclusive indication that the discussions would give rise to a corporate proposal involving YHB.
Yinson Confirms Chairman, Other Parties Are in Talks Over Deal
Yinson Holdings Bhd. Chairman Lim Han Weng is in talks with various parties about a potential deal involving their shareholding in the Malaysian energy infrastructure company.
Yinson said talks are at an exploratory stage and there’s no conclusive indication that they’ll lead to a deal, according to a stock exchange filing on Monday.
Bloomberg News reported last week that Stonepeak Partners was in exclusive talks for a deal valuin