Ren Yuanlin

Yangzijiang Financial Holdings will have an initial NTA per share to $1.08.

The investment business to be spun off will look at various asset classes such as private debt, mezzanine financing and REITs

By The Edge SingaporeRen Yuanlin, the executive chairman of Yangzijiang Shipbuilding (Holdings), will resume work with effect from Dec 23, more than four months after he was first said by the company to be “assisting in a confidential investigation”

Rumours of the supposed disappearance of Yangzijiang executive chairman have prompted a flurry of activity

SINGAPORE (Aug 26): The minutes of the Federal Open Market Committee’s July 31 meeting have indicated that the officials were widely divided in the US Federal Reserve’s decision to ease monetary policy.

SINGAPORE (Aug 14): Yangzijiang Shipbuilding (YZJ) has confirmed that executive chairman Ren Yuanlin is “currently assisting in a confidential investigation” carried out by certain Chinese governmental authorities.

SINGAPORE (Aug 8): Yangzijiang Shipbuilding has requested for the trading of its shares to be halted.

SINGAPORE (Aug 8): China's Yangzijiang Shipbuilding reported a 73% increase in second-quarter net profit, helped by higher revenue from the construction of larger-size vessels, sending its shares to their highest in more than six years.

SINGAPORE (Aug 1): Yangzijiang Shipbuilding has disposed its stakes in two subsidiaries to Group Executive Chairman Ren Yuanlin to enable the group to divert its attention from the non-core businesses to the core shipbuilding and related businesses.