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

Yong Jun Yuan

Yong Jun Yuan

Published Thu, Jun 24, 2021 · 09:50 PM
Smooth sailing

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.

ShippingYangzijiang Shipbuilding

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