Yangzijiang Shipbuilding
Yangzijiang Shipbuilding shareholders pull stock down 3.3% on margin-dilutive orders
The counter dips as much as 5.3% to a two-month low, but pares some losses to close 3.3% down
Yangzijiang Shipbuilding year-to-date orders sail past US$1.03 billion, pushing total order book to US$22.3 billion
The company has set a target of US$4.5 billion order wins for FY2026
Yangzijiang spins off new unit to operate vessel delivery and repair in Nantong
The new subsidiary has a registered capital of US$100 million, funded through the group’s internal resources
UOBKH raises Yangzijiang Shipbuilding target price to S$4.75 on Seaspan stake
It will acquire a 10% stake in Poseidon, the holding company of Seaspan, for US$825.7 million
‘No definitive decision’ made for YZJ Maritime to pursue capital market activities in Hong Kong: CEO
Yangzijiang Shipbuilding also says it has no plans for equity fundraising transactions outside Singapore
Yangzijiang Shipbuilding bags US$980 million in vessel contracts in Q1
The group’s outstanding order book stands at about US$22.8 billion
UK High Court rejects appeal on US$832.2 million case against Yangzijiang Shipbuilding units
The court also refuses the claimants’ application for permission to appeal further
Yangzijiang Shipbuilding buys 10% stake in maritime company from Canada’s Fairfax for US$825.7 million
The sale price is above valuation, but the shipbuilder sees strategic and commercial gains from the acquisition
Yangzijiang Shipbuilding posts 24.6% rise in H2 profit to 4.5 billion yuan
It proposes a final dividend of S$0.20 per share
Singapore, Asia markets mostly down after Wall Street tech rout
STI closes 0.8 per cent lower on Friday
