The Business Times
business-time-50
HOCK LOCK SIEW
·
SUBSCRIBERS

Can management changes help YZJ Financial realise value?

google-preferred-sourceAdd BT as a preferred source
Raphael Lim

Raphael Lim

Published Tue, Nov 14, 2023 · 05:00 AM
    • Vincent Toe, CEO of Yangzijiang Financial, will be leaving the company in April 2024.
    • Vincent Toe, CEO of Yangzijiang Financial, will be leaving the company in April 2024. PHOTO: BT FILE

    SOMETHING appears to be brewing at Yangzijiang Financial (YZJ Financial).

    The investment management company hit an all-time low last month, shortly after it announced that chief executive officer (CEO) Vincent Toe would leave the company next April.

    The counter slipped to S$0.295 on Oct 26, closing below S$0.30 for the first time since it was spun off from Straits Times Index (STI) constituent Yangzijiang Shipbuilding (YZJ Shipbuilding) in April 2022.

    Yangzijiang FinancialYangzijiang ShipbuildingHock Lock Siew

    TRENDING NOW

    The Monetary Authority of Singapore said it is following up with the three Singapore entities to reinforce its expectations of conduct and compliance.

    Tiger Brokers, Moomoo, Longbridge Singapore units ‘financially independent’ amid China crackdown: MAS

    The departure of food manufacturing operations from Singapore may not necessarily be reason for concern.

    Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned

    KSL's Khoo Lee Feng says it is "not so much what you study, but how you learn".

    Johor property old hand KSL readies family handover amid market boom

    Nuclear power “is very much back in the conversation” in Asia, say industry observers.

    As India and China surge ahead with nuclear energy, all eyes on Asean’s next move

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More