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Chuan Hup shares soar 12% after firm proposes special dividend

Published Thu, Mar 21, 2019 · 09:50 PM

Singapore

CHUAN Hup Holdings shares surged at the start of trading on stronger-than-usual turnover on Thursday.

Dealers attributed this to Chuan Hup's announcement after market close on Wednesday that it plans to pay a special dividend of nine Singapore cents a share following the disposal of a 76.7 per cent stake in mainboard-listed PCI. The stock advanced by four Singapore cents or 11.9 …

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