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Published Wed, Jul 17, 2019 · 09:50 PM
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Yangzijiang Shipbuilding | Buy (maintained) July 17 close: S$1.50 Target price: S$1.82 DBS Equity Research, July 17
Yangzijiang Shipbuilding has acquired a 55 per cent stake in Odfjell Terminal (Jiangyin) (OTJ) from Norwegian tanker shipping company Odfjell for a consideration of US$46.2 million, funded by internal resources.
Operational since 2007, OTJ owns and operates a tank termi…
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