Singapore Stocks to Watch: Yangzijiang Shipbuilding, Asian Healthcare Specialists

Tiger Newspress2022-10-07

THE following companies saw new developments that may affect trading of its securities on Friday (Oct 7):

MAINBOARD-LISTED Chinese firm Yangzijiang Shipbuilding has secured new orders for another 22 vessels, raising its total order book value to date to a record high of US$10.27 billion and extending its top line visibility to mid-2025.

In a statement updating on its contracts on Thursday (Oct 6), the Straits Times Index component shipbuilder said the 22 new orders would bring total orders it secured year to date to 40 vessels with a total value of US$3.6 billion, exceeding its FY2022 target of US$2 billion.

A healthtech startup unit has made an offer to take Asian Healthcare Specialists private, offering S$0.188 a share in cash.

In a statement filed by Catalist-listed Asian Healthcare Specialists to the Singapore Exchange on Thursday (Oct 6), Labrador Park announced the voluntary cash offer and said it has received irrevocable undertakings from shareholders with 79.54 per cent of the total shares as of Thursday.

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Comments

  • Amytok
    2022-10-07
    Amytok
    Okay 
  • mightytrader
    2022-10-07
    mightytrader
    [Cool] 
  • T202311701
    2022-10-07
    T202311701
    O
  • 慢的老人
    2022-10-07
    慢的老人
    Asian Healthcare following in the footsteps of Singapore O&G. The ringleaders decide to privatize and buy back shares at depressed prices, then plotting to re-list again at higher prices in a few years' time. Taking retail shareholders as fools again and again [Facepalm] 
  • Yann Chan
    2022-10-07
    Yann Chan
    Okay
  • LEESIMON
    2022-10-07
    LEESIMON
    [爱心] ‌Nice
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