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Sino Grandness to place out 170m shares at S$0.04 apiece to raise S$6.8m

Singapore

SINO Grandness Food Industry Group has entered into a placement agreement with JW Capital Group to raise net proceeds of around S$6.8 million to repay outstanding sums to Soleado Holdings and strengthen its financial and working capital.

It plans to issue 170 million new

sentifi.com

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