Here’s a selection of Singapore-listed companies that released noteworthy announcements this week.
Yangzijiang’s Chairman “Safe And Healthy”In a rare interview with The Business Times, Yangzijiang Shipbuilding Holdings Ltd‘s (SGX: BS6) chief executive Ren Letian said that his father, executive chairman Ren Yuanlin, is “safe and healthy” and is expected to return “before too long”.
Ren Yuanlin has been away for more than three months to assist in a confidential investigation carried out by authorities in China. In his absence, the younger Ren took over the reins of Yangzijiang.
Ren Yuanlin’s leave of absence was granted by Yangzijiang’s board after TradeWinds, a global shipping news service, reported that Liu Jianguo, who is closely connected to the shipbuilder, was being probed by Beijing’s anti-corruption body for disciplinary violations.
CapitaLand To Sell The Star VistaOn 20 November, CapitaLand Limited (SGX: C31) said that it is selling The Star Vista to Rock
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