As of its last closing price of 61.5 cents, it has a market value of around $2.14 billion.
Yangzijiang Maritime Development, which was spun off for its own listing from Yangzijiang Financial Holding last November, plans to see shareholders' approval at an EGM to be held, to start buying back shares.
As at June 30 2025, the company held cash and equivalents of around $0.5 billion with net assets at around $2 billion.
