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Sino Construction up on nod for micro power plants
Shares up 11.8% on Wednesday but are still 85% below the level at the beginning of the year
Published Wed, Jun 3, 2015 · 09:50 PM
Singapore
SHARES in Sino Construction got a reprieve on Wednesday as they shot up on news that a subsidiary has received the green light to start operations for its micro power plants in South Korea.
The rollout of the micro power plants is expected to have a positive impact on the group's earnings for the current financial year, Sino Construction said.
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