Jiangsu Yangzijiang Shipbuilding Co (JYSCO)

CGS-CIMB lifts Yangzijiang's TP to $2.41 as wait for listing of spin-off group is over - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB lifts Yangzijiang's TP to $2.41 as wait for listing of spin-off group is over

In their report, CGS-CIMB analysts Lim Siew Khee and Isabella Tan say they expect the spin-off to be listed by the end of April.
Yangzijiang reports FY2020 earnings of RMB2.5 bil, maintains final dividend of 4.5 cents - THE EDGE SINGAPORE

Results

Yangzijiang reports FY2020 earnings of RMB2.5 bil, maintains final dividend of 4.5 cents

As at Dec 31 2020, its outstanding order book was US$3.09 billion for 83 vessels.
Yangzijiang subscribes for 20% shares in venture capital investment fund for RMB200 mil - THE EDGE SINGAPORE

Funds

Yangzijiang subscribes for 20% shares in venture capital investment fund for RMB200 mil

Following the subscription, Jiangsu Yangzijiang will become a limited partner of the fund.

Company in the news

Yangzijiang sets up new subsidiary Jiangsu New Yangzi Commerce and Trading Co for $1.96 bil

JNCT’s main business activity will focus solely in investment activities, which will allow New Yangzi to focus on its core shipbuilding business.

M&A

Yangzijiang to acquire 60% stake in Jiangsu Huayuan Logistics for $37.7 mil

SINGAPORE (Apr 25): Yangzijiang Shipbuilding’s wholly-owned subsidiary, Jiangsu Yangzijiang Shipbuilding Co, has entered into an agreement to acquire a 60% stake in Jiangsu Huayuan Logistics Co. (JHLCO) for RMB 180 million ($37.7 million).
×