When will the new YangZiJiang Finance's spin off be listed on SGX?
Based on the previous spin off from YangZiJiang Shipping to YangZiJiang Finance Holding, it takes about 1 mth(1 Apr 2022 - 28 Apr 2022) to be listed on SGX.
However the Spin off(YangZiJiang Finance Holding) price tumble badly(10%) from 0.69 to 0.62 on first day of the trade.
On the other hand,on YangZiJiang Shipping doesn't seems to react to much of the spin off's performance( increase by 1%).
So let see whether the market will follows for YangZiJiang Finance Holding's spin off annoucement.
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