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iX Biopharma sinks 9.7% after proposing S$10.2m placement at discount

Singapore

SHARES of pharmaceutical company iX Biopharma sank nearly 10 per cent on Wednesday, after it proposed a private placement of about

44.5 million new ordinary shares at 23 Singapore cents apiece to raise a total of S$10.2 million.

The counter hit an intra-day high of...

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