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Yangzijiang rises on building deals for 14 vessels worth US$715m

Yong Jun Yuan
Published Thu, Jun 24, 2021 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

INDEX stock Yangzijiang Shipbuilding rose after the group announced on Wednesday that it had recently secured agreements to build and deliver 14 vessels with a total contract value of US$715 million.

The stock rose to an intra-day high of S$1.45. Shares of Yangzijiang closed at S$1.39 on Thursday, up one Singapore cent or 0.73 per cent.

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