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New Silkroutes: New dawn or distraction?
Published Wed, Jun 19, 2019 · 09:50 PM
SHARES of New Silkroutes Group (NSG) perked up when it said it would divest its oil trading business to focus on healthcare, but the rally was short-lived.
The company hasn't come forth with any updates since the sale was proposed in late March.
Shedding the energy business makes sense.