Yinson Annual Report 2020

61 Annual Report 2020 Equity Shareholder Information For FYE 2020, we declared and paid an aggregate dividend of 4.0 sen per share. Further, on a cumulative basis between 2014 to 2020, we paid 41.35 sen per share or RM448.69 million in total, of which 18.60 sen per share or RM202.53 million related to special dividends which were paid out subsequent to major divestment or monetisation of assets by the Group. To protect shareholders’ value, the Management is conscious of the need for effective use of capital and ensuring all business plans have been matched with an optimal capital plan. The Company’s last two capital raising exercises through our equity holders were conducted in 2014 and 2015. We raised RM568 million through a rights issue in 2014 for the acquisition of Fred. Olsen Production ASA, and RM169.6 million in 2015 via a private placement for the FPSO JAK project. It is usual for most FPSO companies to conduct an equity capital raise for each project win to fund the equity portion of projects. Thus, it is noteworthy to mention that without any further funds raised through our equity holders since 2015, Yinson successully delivered FPSO JAK and FPSO Helang, and is in the process of delivering Yinson FBMKLCI 5-year performance (13 Mar 2015 – 13 April 2020) RM5.01 1,356.03 2015 2016 2017 2018 2019 2020 Feb-19 1-year performance (4 Feb 2019 – 31 Jan 2020) Yinson FBMKLCI RM6.20 1,531.06 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20