Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Singapore
  4. Singapore Stock Exchange
  5. Yangzijiang Shipbuilding (Holdings) Ltd.
  6. News
  7. Summary
    SO7   SG1U76934819

YANGZIJIANG SHIPBUILDING (HOLDINGS) LTD.

(SO7)
  Report
SummaryNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Yangzijiang Shipbuilding Ltd. entered into a sale and purchase agreement to acquire remaining 20% stake in Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. from Sanfu Shipbuilding Holdings Pte. Ltd. for CNY 650 million.

07/21/2021 EDT

Yangzijiang Shipbuilding (Holdings) Ltd. (SGX:BS6) entered into a sale and purchase agreement to acquire remaining 20% stake in Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. from Sanfu Shipbuilding Holdings Pte. Ltd. for CNY 650 million on July 21, 2021. As per terms, the consideration shall be fully satisfied by the transfer of 100 million treasury shares in the share capital of Yangzijiang Shipbuilding (Holdings) Ltd. The transfer price for each Consideration Share of CNY 6.5, equivalent to approximately SGD 1.37 represents a 0.63% premium to the volume-weighted average share price of SGD 1.3614 on July 21, 2021. On August 2, 2021, Yangzijiang Shipbuilding (Holdings) Ltd. has transferred 100,000,000 treasury shares as the consideration shares to Sanfu Shipbuilding Holdings Pte. Ltd. for the acquisition of 20% equity interest in Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. Acquisition is expected to be earnings accretive for the Group and is part of the Group’s efforts to enhance long-term shareholder value. As of August 2, 2021, the completion of the Proposed Transaction would take place upon the effective transfer of 20% of the issued share capital of the Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. from Sanfu Shipbuilding Holdings Pte. Ltd. to Yangzijiang Shipbuilding (Holdings) Ltd.


© S&P Capital IQ 2021
All news about YANGZIJIANG SHIPBUILDING (HOLDINGS) LTD.
09/03Singapore Shares End Slightly Lower; Mary Chia Soars 20% on MOU to Take 5% St..
MT
09/02YANGZIJIANG SHIPBUILDING : Contracts for Five Vessels Become Effective
MT
08/06Singapore Shares End Marginally Lower; Yangzijiang Climbs 4% As H1 Profit Ris..
MT
08/05YANGZIJIANG SHIPBUILDING : Attributable Profit Grows 39% in H1; Shares Up 4%
MT
08/05Yangzijiang Shipbuilding Holdings Ltd. Reports Earnings Results for the Half ..
CI
08/02Singapore Stocks Close Lower on Monday; Sembcorp Industries' Shares Drop 4% o..
MT
08/02YANGZIJIANG SHIPBUILDING : Seals $1.58 Billion Contracts for 17 Vessels
MT
07/30Yangzijiang Shipbuilding Ltd. Inks New Orders for 12+5 Vessels Worth USD 1.58..
CI
07/28Yangzijiang Shipbuilding Ltd. Announces Executive Changes
CI
07/22YANGZIJIANG SHIPBUILDING : to Acquire Remaining 20% Interest in Chinese Shipyard
MT
More news
Financials
Sales 2021 21 132 M 3 273 M 3 273 M
Net income 2021 3 004 M 465 M 465 M
Net cash 2021 3 516 M 545 M 545 M
P/E ratio 2021 1,96x
Yield 2021 15,4%
Capitalization 5 962 M 4 430 M 923 M
EV / Sales 2021 0,12x
EV / Sales 2022 -0,04x
Nbr of Employees 21 000
Free-Float 60,7%
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Last Close Price 1,51 CNY
Average target price 7,84 CNY
Spread / Average Target 419%
EPS Revisions
Managers and Directors
Le Tian Ren Executive Chairman & Chief Executive Officer
Yi-Dar Teo Lead Independent Director
Teck Leng Chen Independent Director
Teow Heng Toe Independent Non-Executive Director
Xu Wen Jiong Non-Executive Director