China Sunsine places out all its treasury shares for about S$17.5m
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Singapore
RUBBER chemicals maker China Sunsine Chemical Holdings has placed out all its treasury shares for about S$17.5 million in net proceeds, it said in a Singapore Exchange filing on Wednesday afternoon.
It said it had sold its roughly 27.7 million treasury shares - accumulated through share buybacks - for S$0.646 each on May 9 to various investors, including Asdew Acquisitions, Island Asset Management and ICH Capital, along with unnamed "corporate and individual investors".
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