Yangzijiang Financial fails to sparkle on trading debut; ComfortDelGro likely to remain on STI
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Raphael Lim
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YANGZIJIANG FINANCIAL HOLDING (YZJFH) closed its first day of trading on Thursday (Apr 28) at S$0.62 – representing a discount of nearly 43 per cent to its net tangible asset (NTA) per share of around S$1.08.
YZJFH had opened at a share price of S$0.69 as it made its trading debut on the Singapore Exchange (SGX) mainboard on Thursday afternoon.
About 170.1 million shares worth S$106.6 million were traded on its first day.
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