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Tongda (0698) issues warrants to Mr Cheung Chun Sek
Company announcement, 12-Nov-2010
The 1-year warrants are issued at $0.005 each with a subscription price of $0.345, a combined discount of 7.8%. The shares equate to 3.34% of the existing issued shares. We have no idea who Mr Cheung Chun Sek is. UPDATE: The warrants eventually expired unexercised.
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