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Sino Construction shoots up 21% on news of placement

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Angela Tan

Angela Tan

Published Mon, Mar 30, 2015 · 09:50 PM

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Perking up

Singapore

SINO Construction's share price rose on Monday morning after the company said it would raise S$6.5 million through the placement of 262 million new shares.

The shares ended Monday's session at S$0.035 each, up 0.6 cent, or almost 21 per cent. More than 42.7 million shares changed hands.

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