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Sunrise Group's Wong buys 29% stake in ITE Electric

Tuesday, September 13, 2016 - 05:50


INVESTMENT holding company Prosperity Luck Overseas Inc has acquired a substantial stake in ITE Electric Co (ITE) after ITE's former non-executive chairman disposed of his entire 29 per cent stake for S$6 million.

In a release to the Singapore Exchange last week, ITE

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