$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$


Yangzijiang Shipbuilding Holdings: Key takeaways from YZJFH call

https://www.dbs.com.sg/treasures/aics/templatedata/article/recentdevelopment/data/en/DBSV/042022/YZJSGD_SP_04122022.xml

DBS Group Research12 Apr 2022

Diversifying and transforming portfolio to have 50% offshore investment and 70% investment / wealth management portfolio

Target ROE of 8-10% with steady dividend yield with >30% payout; Initial external funds of S$500m to grow by 20% pa

YZJFH to be listed on SGX on 28-Apr; YZJ cum-distribution to go-ex on 22-Apr

Plan to launch share buyback post listing if share price trades attractively below book of S$1.08/share

Key takeaways and datapoints:

Key Dates

18 Apr 2022 EGM to approve proposed Spin-off

21 Apr 2022 Last day to trade YZJ shares cum-distribution

22 Apr 2022 Shares of YZJ trade on ex-entitlement basis

27 Apr 2022 Distribution date

28 Apr 2022 Listing of YZJFH on SGX‌

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • AaronJe
    ·2022-04-13
    Your date is really helpful and thank you so much.
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  • JesseRW
    ·2022-04-13
    This time line really indicate everything.
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  • zion1
    ·2022-04-13
    How to look at it for the take off.  what cautious steps to watch out for.
    Reply
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  • WalterD
    ·2022-04-13
    Could you make some analysis with this stock?
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  • Ronmac
    ·2022-04-14
    Cool
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  • procenna
    ·2022-04-14
    nice
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  • T20211211013
    ·2022-04-13
    .
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  • hynne
    ·2022-04-13
    ok
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  • SnowCliff
    ·2022-04-13
    K
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  • Steventeo
    ·2022-04-13
    gogogo
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