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Yangzijiang climbs 8% after CEO says chairman will soon return

Fiona Lam
Published Mon, Nov 18, 2019 · 09:50 PM

Singapore

SHARES of Yangzijiang Shipbuilding rose on Monday on hopes that the company's executive chairman Ren Yuanlin may return soon to helm the group.

The counter surged as much as 10 per cent or 10 cents to S$1.10 from the opening bell and stayed buoyant throughout the day as investors drew confidence from the latest development. It ended at S…

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