KUALA LUMPUR: The Securities Commission Malaysia (SC) has approved an extension until Nov 30, 2026, for Yinson Legacy Sdn Bhd (YLSB), MISC Bhd and the Employees Provident Fund (EPF) to announce their intention regarding the proposed privatisation of Yinson Holdings Bhd.

In a Bursa Malaysia filing, Yinson Holdings said the SC announced this in its letter dated Oct 19, 2026. The extension will allow the parties to continue evaluating and discussing the proposed scheme.

"The proposed scheme remains subject to, amongst others, evaluations and negotiations among the parties, execution of definitive agreements, determination of the final offer price, and such other requisite approvals and conditions as may be determined.