Carey Olsen has played a pivotal role in advising Yangzijiang Maritime Development Ltd. on its successful listing on the Singapore Exchange, with the company’s market capitalisation reaching S$2.15b. The maritime-focused investment firm, which specialises in maritime asset investments and ship financing, was spun off from Yangzijiang Financial Holdings Ltd. to refine its investment strategy.
The legal advisory team from Carey Olsen included partner Anthony McKenzie, counsellor Maggie Yan, and associate Anastasija Kornejeva, who provided British Virgin Islands legal counsel. They collaborated with Rajah & Tann Singapore LLP, the lead Singapore counsel for the transaction.
Anthony McKenzie expressed pride in supporting Yangzijiang Maritime’s listing, highlighting Singapore’s continued appeal as a hub for global shipping and finance-linked businesses. “Carey Olsen works alongside many of the industry’s major players and it is always a pleasure to be involved as new companies enter the public market—especially when they have such enormous potential as Yangzijiang Maritime,” McKenzie stated.
This listing underscores Singapore’s strategic position in the maritime and financial sectors, offering a robust platform for companies like Yangzijiang Maritime to expand their reach. The move is expected to enhance the company’s ability to attract investments and strengthen its market presence. As Yangzijiang Maritime embarks on this new chapter, its focus on maritime investments and ship financing is set to contribute significantly to the industry’s growth.
