Yangzijiang Financial Secures SGX Approval and Issues Introductory Document for YZJ Maritime Spin-Off
Yangzijiang Financial Holding Ltd. has received conditional approval from Singapore Exchange Securities Trading Limited for the proposed introduction listing of its wholly-owned subsidiary, YZJ Maritime Engineering Pte Ltd. Additionally, the company has announced the issuance of an introductory document and entry into a placement agreement. These strategic moves aim to enhance the transparency and visibility of YZJ Maritime's business operations, unlock potential value for shareholders, and optimize Yangzijiang Financial's corporate structure.