Personal Finance
Singapore Stocks News Of The Week: Yangzijiang, CapitaLand, SPH REIT, And More
By Seedly  •  November 22, 2019

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 Vista

On 20 November, CapitaLand Limited (SGX: C31) said that it is selling The Star Vista to Rock

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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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