Yangzijiang Financial Shares Kept Surging 5% On Maritime Subsidiary Incorporation After Jumping 5% On Wednesday
TigerJul 3, 2025 3:33 AM
YZJ Fin Hldg shares kept surging 5% on Thursday after jumping 5% on Wednesday.
Yangzijiang Financial said that its proposed spin-off company, YZJ Maritime Development, was incorporated as a wholly owned subsidiary in Singapore, according to a Wednesday filing with the Singapore Exchange.
Meanwhile, the SGX-ST has said that the company's proposed spin-off and listing will not amount to a chain listing.
Reviewed byHuanyao Fang
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