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Compact Metal surges on news of exercise of option
October option deal includes chairman selling some shares at eight Singapore cents apiece
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Published Mon, Nov 3, 2014 · 09:50 PM
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Singapore
PENNY stock Compact Metal Industries was the second most actively traded counter on Monday with some 159 million shares worth about S$10.5 million changing hands.
The counter, in which trading resumed at 10.30am on Monday after a trading halt since Thursday last week pending an announcement, shot up 9 per cent, or 0.4 cent, to close the day at 4.8 Singapore cents.
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