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An announcement from Singapore Exchange ( (SG:S68) ) is now available.
SGX Securities has announced the listing of Yangzijiang Maritime Development Ltd. on its Mainboard under the stock code ‘8YZ’. This listing marks a significant milestone for the company, which aims to capitalize on growth opportunities in the evolving maritime industry, focusing on sustainability and innovation. The listing is seen as a strategic move to enhance the company’s investment focus and create long-term value. It also reflects Singapore’s position as a leading international maritime hub, offering new opportunities for both the company and investors.
The most recent analyst rating on (SG:S68) stock is a Buy with a S$20.00 price target. To see the full list of analyst forecasts on Singapore Exchange stock, see the SG:S68 Stock Forecast page.
More about Singapore Exchange
Yangzijiang Maritime Development Ltd. is a Singapore-incorporated investment company focused on the maritime industry. Its core operations include maritime asset investments, ship financing, and related services, such as sale-and-leasebacks, pre-delivery loans, and secured loans. The company also offers shipbroking and agency services, leveraging its industry networks to support global shipbuilders and operators. It was spun off from Yangzijiang Financial Holding to sharpen its investment focus.
Average Trading Volume: 2,387,524
Technical Sentiment Signal: Buy
Current Market Cap: S$18.13B
See more insights into S68 stock on TipRanks’ Stock Analysis page.