Edition:
United Kingdom

Yangzijiang Shipbuilding Holdings Ltd (YAZG.SI)

YAZG.SI on Stock Exchange of Singapore

1.43SGD
22 May 2019
Change (% chg)

$-0.01 (-0.69%)
Prev Close
$1.44
Open
$1.44
Day's High
$1.44
Day's Low
$1.41
Volume
13,602,300
Avg. Vol
22,224,771
52-wk High
$1.65
52-wk Low
$0.84

Latest Key Developments (Source: Significant Developments)

China Ocean Industry Group Updates On Status Of Four Vessels
Thursday, 3 Jan 2019 

Jan 3 (Reuters) - China Ocean Industry Group Ltd <0651.HK>::UPDATES ON STATUS OF FOUR VESSELS.TOTAL AMOUNT PAYABLE BY GROUP TO CUSTOMER UNDER ARBITRAL AWARD IS HK$882.8 MILLION.GROUP WILL SETTLE PAYMENT UNDER ARBITRAL AWARD BY FINANCING FROM BANKS.CO, JIANGXI SHIPBUILDING, JIANGSU YANGZI XINFU SHIPBUILDING . ENTERS DEAL TO BUY, CONSTRUCT, ONWARD TRANSFER ONE OF FOUR VESSELS.GROUP SHALL PUT RESCINDED VESSEL ON SALE ON AN AS-IS BASIS BY WAY OF PUBLIC AUCTION WITH A STARTING PRICE OF US$8 MILLION.YANGZI XINFU SHIPBUILDING AGREES TO PARTICIPATE IN AUCTION AND AGREES TO PLACE A BID AT US$8 MILLION.  Full Article

Yangzijiang Shipbuilding Holdings Says Q3 Net Profit Attributable Fell To RMB778.6 Mln
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Yangzijiang Shipbuilding Holdings Ltd ::TOTAL REVENUE INCREASED BY 23% YEAR-ON-YEAR TO RMB5.4 BILLION IN 3Q2018.Q3 NET PROFIT ATTRIBUTABLE RMB778.6 MILLION VERSUS RMB866 MILLION.  Full Article

Yangzijiang Shipbuilding Holdings To Establish JV Co With Mitsui & Co In Republic Of Panama
Monday, 17 Sep 2018 

Sept 17 (Reuters) - Yangzijiang Shipbuilding Holdings Ltd ::CO TO ESTABLISH JV CO WITH MITSUI & CO IN REPUBLIC OF PANAMA WITH INITIAL REGISTERED SHARE CAPITAL OF $13.2 MILLION.EACH PARTY SHALL SUBSCRIBE FOR 50% EQUITY INTEREST IN JV; INITIAL CAPITAL CONTRIBUTION BY CO SHALL BE US$6.6 MILLION.ESTABLISHMENT OF JV FUNDED THROUGH INTERNAL RESOURCES, NOT EXPECTED TO HAVE IMPACT ON EARNINGS PER SHARE IN 2018.  Full Article

Yangzijiang Shipbuilding Holdings Posts Q1 Net Profit Attributable RMB 595.1 MLN
Thursday, 26 Apr 2018 

April 26 (Reuters) - Yangzijiang Shipbuilding Holdings Ltd ::Q1 NET PROFIT ATTRIBUTABLE RMB 595.1 MILLION VERSUS RMB 667.7 MILLION A YEAR AGO.QTRLY REVENUE RMB 4.96 BILLION VERSUS RMB4.68 BILLION.  Full Article

Yangzijiang Shipbuilding Holdings Unit To Buy Stake In Jiangsu Huayuan Logistics Co
Wednesday, 25 Apr 2018 

April 25 (Reuters) - Yangzijiang Shipbuilding Holdings Ltd ::JIANGSU YANGZIJIANG SHIPBUILDING CO BUYS 60 PERCENT STAKE IN JIANGSU HUAYUAN LOGISTICS CO.TOTAL CONSIDERATION FOR ACQUISITION IS RMB180 MILLION.  Full Article

Yangzijiang Shipbuilding Says FY Revenue Of Rmb19.2 Billion
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Yangzijiang Shipbuilding Holdings Ltd ::REVENUE OF RMB19.2 BILLION FOR 2017, 27% HIGHER YOY.PROPOSED FINAL DIVIDEND OF 4.5 SINGAPORE CENTS FOR FINANCIAL YEAR 2017.FY ‍NET PROFIT RMB2.93 BILLION VERSUS RMB1.75 BILLION.  Full Article

Yangzijiang Shipbuilding posts qtrly net profit of RMB‍​866 mln
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Yangzijiang Shipbuilding Holdings Ltd ::Qtrly net profit attributable to equity holders RMB‍​866 million versus RMB281.2 million.Qtrly revenue RMB4.38 billion versus RMB3.88 bln‍​.‍Year-to-date new orders of 59 vessels with total value of US$1.6 billion, compared with US$823 million from 2016​‍​.  Full Article

Yangzijiang Shipbuilding Holdings to place 137 mln ordinary shares in capital of co
Wednesday, 30 Aug 2017 

Aug 31 (Reuters) - Yangzijiang Shipbuilding Holdings Ltd ::Entered into a placing agreement dated 30 August 2017 with J.P. Morgan (S.E.A.) Ltd.Announces placement of 137 million ordinary shares in capital of co at placement price of S$1.53 per share.Net cash proceeds will be approximately S$208.8 million.Intends to use up to 50 percent of net proceeds to fund new investments and business expansion.  Full Article

Yangzijiang Shipbuilding announces subscription of shares in Jiangsu Yangzi Chengkang Marine Equipment Co
Wednesday, 23 Aug 2017 

Aug 23 (Reuters) - Yangzijiang Shipbuilding Holdings Ltd :Jiangsu Yangzijiang Offshore Engineering enters agreement with strategic partners to establish a jv co in Jiangsu Taicang.Proposed name of jv co is "Jiangsu Yangzi Chengkang Marine Equipment Co. Ltd" with authorised share capital of RMB100 million.Investment will not have any significant impact on eps and net tangible assets per share of YZJ Group for current FY.Jiangsu Yangzijiang Offshore Engineering will subscribe for 40% equity interest in share capital of joint venture​.  Full Article

Yangzijiang Shipbuilding Holdings posts revenue of RMB 3.79 billion in 2Q
Monday, 7 Aug 2017 

Aug 7 (Reuters) - Yangzijiang Shipbuilding Holdings Ltd :Q2 net profit attributable RMB 719.916 million versus RMB 415.4 million a year ago.‍Group reported revenue of RMB 3.79 billion for 2Q2017, up 27%​.  Full Article

SE Asia Stocks-Fall as Huawei CFO arrest sparks fears of fresh US-China tensions

* Singapore top loser, down for third session * Thailand, Philippines down about 1 pct each By Shreya Mariam Job Dec 6 Southeast Asian stock markets fell in line with broader Asia on Thursday, after Canada arrested a top executive of Chinese telecoms giant Huawei, raising fears of a fresh clash between Washington and Beijing. Canadian authorities said they had arrested Huawei's global chief financial officer in Vancouver, where she is facing extradition to the U