Yangzijiang Financial's Maritime Unit Slated for SGX Listing on Nov. 18

MT Newswires2025-11-03

Yangzijiang Financial's (SGX:YF8) maritime unit, Yangzijiang Maritime Development, is expected to be listed on the Singapore Exchange's Mainboard on Nov. 18, at a placement price of SG$0.60 per share, according to a Friday filing with the Singapore Exchange.

Shares of Yangzijiang Financial were up nearly 2% in Monday trading.

Yangzijiang Maritime has signed placement agreements with SAC Capital and China International Capital (Singapore) to raise around SG$5.2 million through the placement of around 8.6 million shares.

Yangzijiang Maritime's core activities are maritime business, cash management and other non-maritime investments.

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