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Yangzijiang Maritime to debut on SGX after $5.2m placement

Spin-off from Yangzijiang Financial valued at about $2b at listing.

Yangzijiang Maritime Development Ltd, a subsidiary of Yangzijiang Financial Holding Ltd, will list on the Singapore Exchange (SGX) Main Board on 18 November 2025 after raising at least $5.2m through a private placement.

The company offered up to 8.64 million shares at $0.60 each. Based on its unaudited net asset value, Yangzijiang Maritime is expected to debut with a market capitalisation of around $2b. About $2.8m of the proceeds will go toward working capital.

SAC Capital Private Limited is the issue manager, and iCapital Holdings (SG) Pte. Ltd. serves as the listing consultant.

Executive Chairman and CEO Ren Yuanlin said the spin-off will allow Yangzijiang Maritime to focus on maritime investments, whilst Yangzijiang Financial continues to manage financial services. The company’s portfolio spans maritime, cash management, and other non-maritime assets.

Trading of its shares will begin on 18 November.
 

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