Can management changes help YZJ Financial realise value?
SOMETHING appears to be brewing at Yangzijiang Financial (YZJ Financial).
The investment management company hit an all-time low last month, shortly after it announced that chief executive officer (CEO) Vincent Toe would leave the company next April.
The counter slipped to S$0.295 on Oct 26, closing below S$0.30 for the first time since it was spun off from Straits Times Index (STI) constituent Yangzijiang Shipbuilding (YZJ Shipbuilding) in April 2022.
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