Yinson Annual Report 2022

78 YINSON HOLDINGS BERHAD STRATEGY & OUTLOOK LEGAL & INSURANCE REVIEW Commentary by Andrew Choy, Group General Counsel LEGAL & INSURANCE HIGHLIGHTS FYE 2022 Completion of contract negotiations for FPSO Atlanta and FPSO Maria Quitéria. Registration of the Group’s first trademark ‘Hydroglyder’ to Yinson GreenTech – the first of various trademark names to be registered to the brand to reflect the division’s various business sectors. Successful procurement and placement of Constructive All Risks insurance for FPSO Maria Quitéria. 19 internal legal awareness webinars conducted by in-house legal team to raise employee awareness on legal topics. 1,357 employees attended. Internal restructuring of Legal Department in alignment with growing business needs. Successful strike-off of unwarranted lawsuit commenced by Globalmariner Offshore Services Sdn Bhd.

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