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Metech International Receives Listing Notice for 72 Million Shares; Shares Plunge 21%

MT Newswires07-29

Metech International (SGX:V3M) received a listing and quotation notice from the Singapore Exchange for its placement of 72 million shares at SG$0.040 per share, according to a Tuesday filing.

Shares of the investment holding company slumped nearly 21% in Wednesday trading.

The completion of the placement is subject to certain conditions.

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