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4 stories mentioning SGX:8YZ

Every FINWIRES story that references SGX:8YZ, newest first.

Asia

Yangzijiang Maritime Development Expands Fleet Portfolio; Shares Up 5%

Yangzijiang Maritime Development (SGX:8YZ) expanded its fleet portfolio with 10 additional newbuilds, according to a Monday filing with the Singapore Exchange.Shares of the ship leasing company were up nearly 5% in Tuesday trading.The fleet includes four new crude tankers, four oil/chemical tankers and two new bulk carriers, scheduled to be delivered in 2028 and 2029.Following the delivery, the company's total fleet will increase to 105 vessels and is expected to improve earnings visibility.

SGX:8YZ
Asia

Yangzijiang Maritime Development Sells Four Tankers; Shares Up 4%

Yangzijiang Maritime Development (SGX:8YZ) signed contracts for the sale of four tankers for an undisclosed amount, according to a Thursday filing with the Singapore Exchange.Shares of the ship finance and leasing company were up over 4% in Friday trading.The transactions involve four medium-range 49,800 deadweight tonnage tankers, slated for delivery in 2027 and 2028.Meanwhile, the company is also investing in eight very large crude carriers of around 319,000 deadweight tonnage, which are scheduled for delivery in 2028, 2029, and 2030.

SGX:8YZ
Asia

Singapore Shares Extend Gains Over US-Iran Peace Optimism; Mary Chia Slumps 12%

Singapore shares extended gains on Wednesday, tracking broader regional gains as investor confidence rose backed by the possibility of the US and Iran continuing their dialogue to end hostilities.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 5,010.14 and 5,038.13 throughout the day. It ended the session at 5,021.20, up 13.63 points or 0.3% compared to Tuesday's close.The US and Iran are seeking another round of talks in the coming days, with US president, Donald Trump, revealing that talks could resume "over the next two days" in Pakistan.On the corporate front, shares of Mary Chia (SGX:5OX) slumped nearly 12% at the close as its subsidiary, Organica International, initiated legal proceedings against Fullink Capital in the General Division of the Singapore High Court.Yangzijiang Maritime Development (SGX:8YZ) close nearly 5% higher as it secured lease agreements covering 13 vessels worth $89.8 million.Meanwhile, Fraser and Neave (SGX:F99) closed over 1% higher with the company outlining plans to invest up to NZ$20.1 million in the fundraising of Comvita (NZE:CVT), a provider of manuka honey and natural health products.

^STISGX:5OXSGX:8YZSGX:F99
Asia

Yangzijiang Maritime Development Secures Vessel Lease Agreements Worth Nearly $90 Million

Yangzijiang Maritime Development (SGX:8YZ) secured lease agreements covering 13 vessels worth $89.8 million, according to a Tuesday filing with the Singapore Exchange.Shares of the ship chartering and finance company were up over 2% in Wednesday trading.The lease periods range from one year to eight years. The deals are expected to provide recurring income to the company.

SGX:8YZ