Yangzijiang's key man Ren Yuanlin returns
Claudia Chong
Singapore
YANGZIJIANG Shipbuilding's executive chairman Ren Yuanlin has returned after being on leave for more than four months to assist in a confidential probe in Beijing.
Mr Ren returned to his home on the evening of Dec 20, reported Chinese financial news outlet Caixin, citing sources. When contacted by The Business Times, Yangzijiang - China's largest non-state-owned shipbuilder and the world's fifth largest based on its outstanding order book size of US$3.2 billion - declined to comment.
TRENDING NOW
Tiger Brokers, Moomoo, Longbridge Singapore units ‘financially independent’ amid China crackdown: MAS
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Johor property old hand KSL readies family handover amid market boom
As India and China surge ahead with nuclear energy, all eyes on Asean’s next move