SGX Market Update : Yangzijiang disposes of 20% stake in associated company .

Image result for yangzijiang shipbuilding singapore

SINGAPORE (Sept 6): Yangzijiang Shipbuilding has discarded its 20% value enthusiasm for Jiangsu Hailan Marine Systems Technology (JHMST) for an aggregate thought entirety of RMB29 million ($5.99 million).

JHMST, an organization enlisted in China, manages coordinated marine electrical frameworks. It has an enrolled offer capital of RMB100 million.

The deal was made through its entirely claimed auxiliary Jiangsu New Yangzi Shipbuilding .

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