Shipping and shipbuilding company Shin Yang Shipping Corp Bhd’s shares will be traded under its new name of Shin Yang Group Bhd, effective from Friday (July 14).
“The stock number remains unchanged,” Shin Yang Shipping said in a bourse filing on Thursday.
Last week, it announced that its name change to Shin Yang Group took effect on July 4 after it received a notice of registration of the new company name from the Companies Commission of Malaysia.
The company obtained its shareholders’ nod for the name change in an extraordinary general meeting on June 30.
According to a circular dated June 8, Shin Yang Shipping said the name change is in line with its rebranding, restructuring and recapitalisation exercise to better reflect the group’s new corporate identity and entity.
“The group is moving forward for integrated expansion into more diversified business activities and brand-building,” it added.
