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Yangzijiang shareholders vote overwhelming in favour of investment arm spin-off

The Edge Singapore
The Edge Singapore4/18/2022 10:38 PM GMT+08  • 1 min read
Yangzijiang shareholders vote overwhelming in favour of investment arm spin-off
Yangzijiang Financial Holdings (YFH), as the investment arm is called, will start trading on April 28. / Yangzijiang
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Shareholders of Yangzijiang Shipbuilding (Holdings) have voted overwhelmingly in support of the plan to spin off the company's investment arm for its own listing.

At an EGM held earlier today, just 1,400 shares were cast against the proposal to spin off the company, versus 2,999,040,481 shares in favour.

Yangzijiang Financial Holdings (YFH), as the investment arm is called, will start trading on April 28.

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