SUBSCRIBERS
Yangzijiang Shipbuilding looks to list investment arm on Singapore mainboard
Add BT as a preferred source
Published Tue, Dec 7, 2021 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
MAINBOARD-LISTED Yangzijiang Shipbuilding (Holdings) plans to spin off its investment segment in a listing on the Singapore Exchange mainboard, the board said in an update on Tuesday (Dec 7).
If the spin-off and listing are successful, the plan is for Yangzijiang shareholders to get shares of the spin-off group proportionally, through dividend in specie.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
