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LUY — Raffles Infrastructure Holdings News Story

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Brief: China Fibretech Announces Proposed Placement Of 50 Mln New Shares At S$0.60 Per Share

May 7 (Reuters) - China Fibretech Ltd  CHFI.SI :
    * ANNOUNCES  PROPOSED PLACEMENT OF 50 MILLION NEW ORDINARY
SHARES
AT S$0.60 FOR EACH NEW SHARE
    * ESTIMATED NET PROCEEDS FROM PROPOSED PLACEMENT S$29.9
MILLION

Source text for Eikon:  ID:nSNZ6pQwt8 
Further company coverage:  CHFI.SI 

 ((Reuters.Briefs@thomsonreuters.com;))

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