$YANGZIJIANG SHIPBLDG HLDGS LTD(BS6.SI)$
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.
- AaronJe·2022-04-13Your date is really helpful and thank you so much.2Report
- JesseRW·2022-04-13This time line really indicate everything.2Report
- zion1·2022-04-13How to look at it for the take off. what cautious steps to watch out for.LikeReport
- WalterD·2022-04-13Could you make some analysis with this stock?1Report
- Ronmac·2022-04-14CoolLikeReport
- procenna·2022-04-14nice1Report
- T20211211013·2022-04-13.LikeReport
- hynne·2022-04-13ok3Report
- SnowCliff·2022-04-13K1Report
- Steventeo·2022-04-13gogogo2Report