Yangzijiang’s chairman takes leave of absence to assist unspecified Chinese investiga

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Yangzijiang’s chairman takes leave of absence to assist unspecified Chinese investiga

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15-08-2019, 02:50 PM

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Yangzijiang’s chairman takes leave of absence to assist unspecified Chinese investiga

An honorable member of the Coffee Shop Has Just Posted the Following:

Yangzijiang’s chairman takes leave of absence to assist unspecified Chinese investigation

Yangzijiang Shipbuilding’s shares were down almost 15% this afternoon on the Singapore Exchange after it revealed its executive chairman and controlling shareholder, Ren Yualin, has taken a leave of absence to help authorities in China with an unspecified confidential investigation.

Ren Letian, the CEO of the company, China’s largest private shipbuilder, will assume the role left by his father...

Yangzijiang’s chairman takes leave of absence to assist unspecified Chinese investigation

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