Sino Grandness shares still under siege

Singapore

MAINBOARD-LISTED Sino Grandness Food Industry Group, despite recently announcing an investment by two Thai conglomerates, has not been able to arrest the slide in its share price.

The counter has tumbled over 30 per cent since the start of September, falling from S$0.71 cents on Sept 1 to S$0.49 on Oct 23. On Thursday alone, the stock shed 3.5 Singapore cents.