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New Silkroutes up 9% on private equity JV

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Published Fri, Oct 7, 2016 · 09:50 PM

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    Singapore

    SHARES in New Silkroutes Group, an oil and gas trader, rose 9 per cent on Friday after the firm announced a private equity joint venture with three other parties.

    The counter closed at S$0.835, up seven Singapore cents or 9.2 per cent. Almost six million shares worth S$5 million were traded.

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