Posted by Jimmy Song > 2017-02-24 16:13 | Report Abuse

KUALA LUMPUR - 23 FEBRUARY 2017 Malaysia’s premier integrated offshore services provider, YINSON HOLDINGS BERHAD (“Yinson”, the “Company” or “云升控股有限公司”) is proud to announce that, following the completion of the Islamic Conversion of the Islamic Facility undertaken by its indirect wholly owned-subsidiary, Yinson Production (West Africa) Pte Ltd, the deal was awarded the “2016 IFN Africa Deal of the Year” by the Islamic Finance News - the World’s Leading Islamic Finance News Provider, at the IFN Awards 2016 held at Mandarin Oriental Hotel, Kuala Lumpur on 22 February 2017. The IFN Awards are recognised as the most prestigious and most sought after by the global Islamic financial community and these awards continue to be an apt representation of the current Islamic financial market landscape. Maybank Investment Bank Berhad has acted as the Coordinating Bank and Maybank Islamic Berhad has acted as the Shariah Advisor for the Islamic Conversion. The Islamic Facility was extended by CIMB Bank Berhad Labuan Offshore Branch, Export-Import Bank of Malaysia Berhad, Intesa Sanpaolo S.p.A Singapore Branch, Maybank International Labuan Branch, OCBC Al-Amin Bank Berhad, Standard Chartered Bank and United Overseas Bank Limited (in alphabetical order). This award is a recognition to Yinson in the global Islamic financial community and undeniably, one of the key achievements in our business. We continuously aim to participate and work collaboratively in promoting Malaysia as an Islamic finance hub by developing Islamic finance in FPSO financing through our global presence in the FPSO business.