Stocks to watch: YZJ Shipbuilding, JMSEA, KIT, UMS, Boustead Singapore

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Nov 11):

Yangzijiang Shipbuilding : The Chinese shipbuilding company reported on Tuesday that year to date, it has secured US$7 billion in new orders for 87 vessels, taking its outstanding order book to US$26.3 billion. The company said new-build demand remains firm, driven by fleet renewal, the shift to dual-fuel vessels and trade route disruptions that continue to absorb shipping capacity. Shares of Yangzijiang ended 5.5 per cent or S$0.24 higher at S$4.59 on Tuesday.

Jardine Matheson Southeast Asia : The Hong Kong-based conglomerate reported a mixed performance across its businesses for the first nine months of 2026. Astra, its Indonesian subsidiary, reported a 1 per cent decline in net profit, excluding non-recurring charges, while its Vietnam-based associates THACO and REE posted higher earnings. Tunas Ridean, another Indonesian associate, also recorded higher car sales and profits. It was the group’s first performance update since divesting Cycle & Carriage. Shares of JMSEA closed 1.6 per cent or S$0.37 higher at S$24.08 on Tuesday ahead of the update.