AmInvestment ups Yinson shares' fair value to RM5.51 from RM4.72
KUALA LUMPUR (June 14): AmInvestment Bank is retaining its buy call on Yinson Holdings Bhd and raised its fair value to RM5.51 from RM4.72 after the group said it is in talks with a Nigerian firm to supply a floating production storage and offloading (FPSO) unit.
Yinson announced earlier today that its subsidiary, Yinson Operations & Production West Africa, had entered into a heads of terms with Nigeria's First Exploration & Petroleum Development Company Ltd (First E&P) to negotiate the potential supply and charter of the FPSO.
(Aug 16): Aretha Franklin, the former gospel singer who went on to reign over the music industry as the Queen of Soul with hit songs such as “Respect,” “Chain of Fools” and “(You Make Me Feel Like) A Natural Woman”, has died. She was 76.
Franklin died Thursday at her home in Detroit, according to the Associated Press. In March, Franklin canceled a scheduled tour for medical reasons. Her last known performance was in November at Elton John’s annual AIDS Foundation gala.