Yang Ming announces completion of rights offering

Yang Ming© Yali Shi_25986493

© Yali Shi

By Alexander Whiteman

27/11/2017

Yang Ming has raised almost $200m after issuing 500m new shares, 4Traders reports. The carrier began floating new shares in September – opening them up to not only original shareholders but new investors. The report claims the share sales was boosted by improved business management and a warming market.

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The Purse Strings Yang Ming Asia-Med Asia-N America Asia-N Europe K Line MOL NYK ONE

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