Yangzijiang Shipbuilding
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
Yangzijiang Maritime inks fresh vessel deals ahead of mainboard debut
It also signs letters of intent for joint ventures to build new tankers, bulk carriers
Yangzijiang Shipbuilding bags orders worth US$2.2 billion in year to date
This compares to US$11.6 billion in the same period in 2024
YZJ Financial right to spin off maritime assets
After birthing YZJ Maritime, YZJ Financial could move more aggressively in interesting new directions
Yangzijiang Shipbuilding falls 2.9% after BlackRock sells 37.8 million shares
The asset manager is no longer a substantial shareholder of the shipbuilder
ASL Marine jumps 2.3% after share placement; Yangzijiang Shipbuilding falls 4.3% over port fees spat
The shipbuilders are subject to contrasting investor views on their fortunes
Yangzijiang Shipbuilding closes 1.5% lower on cancellation of US$180 million in contracts
It terminated shipbuilding contracts with an unnamed buyer whose sole shareholder is allegedly involved in evading US sanctions, laws and regulations
Yangzijiang Shipbuilding terminates US$180 million worth of contracts as buyer allegedly circumvents US sanctions
The shipbuilder, meanwhile, secures new contracts for eight vessels with an aggregate value of US$440 million
