Yangzijiang Shipbuilding, China’s largest private shipbuilder, has partnered with Japan’s Tsuneishi Holdings to acquire a 34% stake in Tsuneishi Group (Zhoushan) Shipbuilding for $117m. The joint venture has previously collaborated in shipbuilding through Jiangsu Yangzi-Mitsui, enhancing their industry presence and capabilities. This strategic move strengthens their position in the shipbuilding market and fosters continued growth and innovation in the industry.
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Driver who left fatally injured cyclist on grass patch after collision gets jail, driving ban
A driver, Chua Kun Yang, was sentenced to 1 year and 5 months in prison for leaving the scene of an accident that resulted in the death of cyclist Lee Lian Kuang. Chua, who failed to yield at a zebra crossing, initially moved the injured man but left before calling for help, leading to Lee's death from severe injuries. In addition to his prison sentence, Chua received an eight-year driving ban after pleading guilty to...
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