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

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Published Wed, Jul 29, 2020 · 09:50 PM

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Sinking shares

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.

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iX BiopharmaPharmaceuticalsprivate placement

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