Friday 24 February 2012

China Stationery jumps in listing debut

China Stationery Ltd, a China-based manufacturer of plastic stationery, jumped 7.4 percent to RM1.02 on its stock-exchange debut at 9.52am.

The company raised RM85.5 million (US$28.4 million) from selling 90 million shares at 95 sen each in its initial public offering. -- Bloomberg



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