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Yangzijiang Shipbuilding's GTT license a 'major breakthrough'; share price weakness 'unwarranted': DBS

Felicia Tan
Felicia Tan9/10/2022 05:56 PM GMT+08  • 4 min read
Yangzijiang Shipbuilding's GTT license a 'major breakthrough'; share price weakness 'unwarranted': DBS
Ho, who has kept her target price unchanged at $1.40, calls Yangzijiang’s current share price weakness “unwarranted”.
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DBS Group Research analyst Ho Pei Hwa is keeping her “buy” call on Yangzijiang Shipbuilding after the Mainboard-listed group obtained a technical assistance and license agreement with French naval engineering company, GTT, on Sept 8.

Global market leader license ‘important breakthrough’ for Yangzijiang’s entry into LNG carrier market

GTT is the global market leader in containment system technology for liquefied natural gas (LNG) carriers.

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