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Japfa shares surge on long-term contract

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Published Fri, Jan 2, 2015 · 09:50 PM

Singapore

SHARES of agri-food company Japfa Ltd surged 13.6 per cent on Friday, after it said it had sewn up a long-term contract with a major dairy producer in China for an undisclosed sum.

The stock gained 7.5 Singapore cents to finish at S$0.625.

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