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Yinson jumps to 13-year high on vessel job

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Yinson jumps to 13-year high on vessel job Empty Yinson jumps to 13-year high on vessel job

Post by hlk Thu 30 Jun 2011, 12:58

Yinson Holdings Bhd, a Malaysian transport group, rose to its highest level in more than 13 years after saying its contract to provide an offshore support vessel to Petro Vietnam Technical Service is valued at US$331.2 million over 20 years.

The stock gained 1.1 per cent to RM1.90 at 9:19 a.m. local time in Kuala Lumpur trading, set for its highest close since October 1997. - Bloomberg


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