Yangzijiang Maritime Development Ltd., a maritime financial solutions provider, made a strong debut on the Singapore Exchange (SGX) on 18 November 2025. The company’s shares closed at $0.49 (S$0.67), marking an 11.7% increase from the placement price of $0.44 (S$0.60). This debut follows a spin-off from Yangzijiang Financial Holding Ltd.
The trading day saw Yangzijiang Maritime’s shares open at $0.48 (S$0.66), a 10% premium over the placement price, and reach an intraday high of $0.52 (S$0.71). Approximately 58 million shares were traded, contributing to a market capitalisation of $1.71b (S$2.34b). The company also raised $3.80m (S$5.2m) through a private placement of 8,638,000 shares.
Ren Yuanlin, Executive Chairman and CEO of Yangzijiang Maritime, expressed pride in the listing, highlighting it as a milestone in the company’s growth. “This achievement underscores our commitment to building a focused, high-quality maritime investment platform,” he stated.
SAC Capital Private Limited served as the issue manager, with iCapital Holdings (SG) Pte. Ltd. as the listing consultant. Ong Hwee Li, CEO of SAC Capital, noted the strong market participation and investor interest, reflecting confidence in the company’s fundamentals and growth prospects.
Vincent Toe, CEO of iCapital Holdings, described the listing as a “momentous occasion” for Yangzijiang Maritime, marking a new chapter of growth and independence. The company aims to leverage its robust network and disciplined capital management to drive long-term value in the maritime industry.
