Yangzijiang Financial Holding

Yangzijiang Financial to start new ventures with departing CEO Toe; reaffirms buybacks - THE EDGE SINGAPORE

Company in the news

Yangzijiang Financial to start new ventures with departing CEO Toe; reaffirms buybacks

The collaboration will also allow CEO Vincent Toe to resume some of his IPO advisory activities
RHB keeps 'add' on Yangzijiang Financial as improving conditions pave the way for NPL recoveries - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB keeps 'add' on Yangzijiang Financial as improving conditions pave the way for NPL recoveries

Yangzijiang Financial’s management team remains intact, the analysts note.

Results

Yangzijiang Financial Holding increases Singapore investments to diversify exposure to China

The company's investments in Singapore have grown over $500,000 in the 3QFY2023 ended Sept 30.
abrdn buys more AEM following earlier sale; YFH increases buybacks with CEO’s resignation - THE EDGE SINGAPORE

Insider moves

abrdn buys more AEM following earlier sale; YFH increases buybacks with CEO’s resignation

CGS-CIMB analyst William Tng upgraded AEM on expectations of earnings recovery in FY2025
The ticking time bomb - but is it China? - THE EDGE SINGAPORE

Global Markets

Will strategy of de-risking China work?

Ironically, the US policy of containing China may end up hurting itself
Wilmar chairman Kuok sees stake rise; Yangzijiang Financial resumes buybacks - THE EDGE SINGAPORE

Insider moves

Wilmar chairman Kuok sees stake rise; Yangzijiang Financial resumes buybacks

Wilmar chairman Kuok expects the current 2HFY2023 to be better than 1HFY2023
Yangzijiang Financial Holding reports better 1HFY2023 results on fair value gains and share buybacks - THE EDGE SINGAPORE

Results

Yangzijiang Financial Holding reports better 1HFY2023 results on fair value gains and share buybacks

Share buybacks has reduced YFH's share base by 6.6%, helping to lift EPS further by 27.2% y-o-y
Global Investments in active buybacks; ID Ong of Geo Energy halves his stake - THE EDGE SINGAPORE

Insider moves

Global Investments in active buybacks; ID Ong of Geo Energy halves his stake

As at March 31, the company’s net asset value per share was 16.01 cents

Buybacks

Yangzijiang Financial Holding resumes share buyback after five-month break

The company has spent more than $100 million on the buybacks to date.
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