Yangzijiang Financial

HOT STOCK

YZJ Financial shares close down 51.4% on ex-entitlement to YZJ Maritime shares

YZJ Maritime is a spin-off of YZJ Financial and is scheduled to be listed on the mainboard this month

Yangzijiang Financial’s board does not expect this to have any material adverse impact on the group.

Yangzijiang Financial aborts one billion yuan investment in Chinese lithium battery producer

Subsidiary Jiangsu New Yangzi Commerce & Trading and two strategic investors fail to secure approval from Ningbo Shanshan’s creditors

YZJ Maritime is expected to list on the SGX mainboard by way of an introduction.
HOCK LOCK SIEW

YZJ Financial right to spin off maritime assets

After birthing YZJ Maritime, YZJ Financial could move more aggressively in interesting new directions

The announcement comes a day after YZJ Financial received a conditional eligibility-to-list from SGX for YZJ Maritime.

YZJ Maritime to make mainboard debut on Nov 18, looking to raise S$5.2 million through placement

It expects a market capitalisation of S$2.04 billion upon completion of the distribution and placement

YZJ Financial notes that the proposed listing is subject to the fulfilment of all the conditions set out in the eligibility-to-list letter.

Yangzijiang Financial receives conditional approval to list YZJ Maritime

It also discloses that it has further capitalised some US$1.5 billion of receivables from its maritime investment segment

The 23.4% voting rights in Shanshan will be entrusted to Yangzijiang Financial upon the restructuring's completion.

Yangzijiang Financial pumps 1.02 billion yuan in lithium battery producer Ningbo Shanshan’s restructuring

The investment by the group and two of its investors gives them effective voting rights of 23.4 per cent in the lithium battery producer 

The counter was the top-traded stock on SGX by volume as at 10.51 am, with close to 33 million shares changing hands.
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Yangzijiang Financial closes 7.4% higher amid heavy trading, hits record in intra-day trade

The company will be added to STI’s reserve list, comprising the five highest-ranking non-constituents of the index by market capitalisation

The STI reserve list is made up of the five highest ranking non-constituents of the STI by market capitalisation.

Olam Group, Yangzijiang Financial to replace CapitaLand Ascott Trust, ComfortDelgro on STI reserve list

There will be no changes to the constituents of the STI following the September 2025 review

SMEs have "exceptional growth potential" with the right capital and strategic support, said Ren Yuanlin, chief executive of Yangzijiang Financial

Yangzijiang Financial to anchor S$100 million fund of firm led by ex-CEO Vincent Toe

The fund will focus exclusively on Singapore’s SMEs, addressing the lack of large institutional capital in this space