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The latest update is out from Yangzijiang Financial Holding Ltd. ( (SG:YF8) ).
Yangzijiang Financial Holding Ltd. has announced the spin-off of its maritime investments segment into a new entity, Yangzijiang Maritime Development Ltd., which will be listed on the main board of the Singapore Exchange (SGX-ST). The shares of Yangzijiang Maritime Development Ltd. will be included in the Central Provident Fund Investment Scheme, allowing shareholders to use their CPF funds to purchase these shares. This move is expected to enhance the company’s market presence and provide more investment opportunities for stakeholders.
The most recent analyst rating on (SG:YF8) stock is a Hold with a S$1.00 price target. To see the full list of analyst forecasts on Yangzijiang Financial Holding Ltd. stock, see the SG:YF8 Stock Forecast page.
More about Yangzijiang Financial Holding Ltd.
Yangzijiang Financial Holding Ltd. is a company incorporated in Singapore, focusing on financial holdings with interests in maritime investments.
Average Trading Volume: 16,317,090
Technical Sentiment Signal: Hold
Current Market Cap: S$3.69B
Learn more about YF8 stock on TipRanks’ Stock Analysis page.