$YZJ Shipbldg SGD (BS6.SG)$ After the distribution, the coun...
$YZJ Shipbldg SGD(BS6.SG$ After the distribution, the counter's net tangible assets per share would drop from 9.0845 yuan (S$1.96 ) to 3.9868 yuan. Its net asset value per share would fall from 9.1562 yuan to 4.0586 yuan. Earnings per share would also fall from 0.9579 yuan to 0.5035 yuan.
https://www.businesstimes.com.sg/companies-markets/yangzijiang-directors-endorse-proposed-spin-off-of-investment-segment
https://www.businesstimes.com.sg/companies-markets/yangzijiang-directors-endorse-proposed-spin-off-of-investment-segment
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Thelord : Does existing shareholders get shares in the new company?
勇敢NewNiu OP Thelord : Don't know， just copy the news.
Alanbull Thelord : Yes. If you bought it yesterday or earlier
Thelord Alanbull : Wow then sounds like a good deal
High Profit Low Loss Thelord : Yes, 1for1. YZJ shipbldg, spin-off, for every one share you own, you will be alloted one share of YZJ financial holdings share.
Muu Muu High Profit Low Loss : When existing YZJ shareholders will get equal number of share of YZJ financial holdings?
b34r Muu Muu : YesYou get 1-for-1 FH, if you were holding YZJ shares at the closing on 21 Apr.
b34r b34r : The new FH shares will be allotted next Wed 27 Apr, and will start trading on Thu 28 Apr 1pm.
NgEvelyn b34r : does it applies if I bought it from moomoo?
102797366 : if I sell my YZJ shares now will I still get the shares for the new company next week?
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