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Yangzijiang Financial Holding Ltd. ( (SG:YF8) ) has provided an update.
Yangzijiang Financial Holding Ltd., through its subsidiary Jiangsu New Yangzi Commerce & Trading Co., Ltd., was involved in a proposed restructuring exercise of Ningbo Shanshan Co., Ltd. However, the draft restructuring plan was not approved at a creditors’ meeting, leading to the termination of the agreement. The company has stated that this development is not expected to have any material adverse impact on its operations.
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.
Average Trading Volume: 16,317,090
Technical Sentiment Signal: Hold
Current Market Cap: S$3.69B
See more insights into YF8 stock on TipRanks’ Stock Analysis page.