$YZJ Shipbldg SGD (BS6.SG)$ Did u know why the price going u...

RedBeanPaste : Why not? It’s undervalued. Prepare to go to $1.9x and above once actual value is announced.

J huat : $YZJ Shipbldg SGD(BS6.SI) The 12-month Bonds will be mandatorily converted into ordinary shares of the Group upon obtaining necessary approvals for the proposed spin-off and listing of YZJFH. The Strategic Investors agree to moratorise their allotted shares in YZJFH for a period of 6 months, participating in the Group's growth through its spin-off strategy and bringing confidence and stability to the share price of YZJFH post listing. The Group intends to utilise its holdings of treasury shares, preventing dilution of minority shareholders' interests...