Yinson Annual Report 2020

62 Yinson Holdings Berhad SECTION 4 OUR CAPITALS Yinson (KLSE-YINSON) KLSE Energy index 1-Feb-19 1-May-19 1-Aug-19 1-Nov-19 1-Feb-20 50 100 150 200 Further, our share price appreciation has also outperformed Brent oil price as seen in this chart. Yinson has been consistent in our efforts to build up our investor relations with institutional and retail investors. In acknowledgement of our efforts in investor relations, we were conferred with the ‘ASEAN – Most Honoured Company Award 2019’ by Institutional Investor Magazine. Our Core Value, ‘Open’, has helped our efforts in this area as we ensure accessibility to the Management and transparency and fairness in information to our shareholders. Yinson (KLSE-YINSON) Brent crude 1-Feb-19 1-May-19 1-Aug-19 1-Nov-19 1-Feb-20 50 100 150 200 FPSO Abigail-Joseph to Nigeria. This was achievable as our existing portfolio of assets is able to generate sufficient cash flows to be reinvested or leveraged against to fund the new projects. That said, this limits our ability to pay a more meaningful and stable dividend in the interim. Accordingly, the Company has not established a dividend policy in view of the growth plans we have in place. Outside of dividends, we have also delivered strong capital appreciation for our equity shareholders. Over the current financial year, the share price rose by more than 50% from RM4.10 to RM6.20. Notably, as illustrated in the chart below, Yinson’s share price growth has outperformed the KLSE Energy Index during the financial year.