Yangzijiang Financial Holding Ltd. is exploring the possibility to spin off its maritime investments segment into a newly incorporated
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Yangzijiang Financial Holding Ltd. is exploring the possibility to spin off its maritime investments segment into a newly incorporated company that will be listed separately on the mainboard of the Singapore Exchange (SGX).
The company revealed in a stock exchange filing that the proposed transaction involves transferring the group’s maritime investments assets into a new entity (the spin-off group), to be listed by way of introduction (the proposed spin-off and listing).
Yangzijiang Financial said the spin-off group will function as a dedicated maritime investment platform, focusing on “unlocking value across the entire maritime value chain,” – from finance leasing and brokerage services to broader investment participation.
Ren Yuanlin, the chairman and CEO of Yangzijiang Financial, is set to lead the Spinoff Group.
In the meantime, the remaining group will continue its focus on funds, diversified asset management capabilities, and investment operations.
“This is a natural evolution of our strategy,” said Ren, executive chairman and chief executive officer of Yangzijiang Financial. “Our maritime business is ready to stand on its own, backed by strong fundamentals and a clear vision for expansion. By separating our
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