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Yangzijiang Shipbuilding Updates on Arbitration Appeal

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Yangzijiang Shipbuilding Updates on Arbitration Appeal

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The latest announcement is out from Yangzijiang Shipbuilding (Holdings) ( (SG:BS6) ).

Yangzijiang Shipbuilding (Holdings) Ltd. has announced that the English High Court has granted the Claimants leave to appeal on a legal question related to ongoing arbitration proceedings. The company is actively working with legal advisers on the appeal and advises shareholders to exercise caution in dealing with the company’s securities, emphasizing the importance of consulting professional advisers if needed.

The most recent analyst rating on (SG:BS6) stock is a Buy with a S$3.50 price target. To see the full list of analyst forecasts on Yangzijiang Shipbuilding (Holdings) stock, see the SG:BS6 Stock Forecast page.

More about Yangzijiang Shipbuilding (Holdings)

Yangzijiang Shipbuilding (Holdings) Ltd., incorporated in Singapore, operates in the shipbuilding industry, focusing on the construction and repair of ships and related maritime services.

Average Trading Volume: 25,743,319

Technical Sentiment Signal: Buy

Current Market Cap: S$9.13B

For an in-depth examination of BS6 stock, go to TipRanks’ Stock Analysis page.

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