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Sapphire shares surge 81.8% as it divests 43.87% equity stake of Ranken Railway for $55.3 mil
Sapphire Corporation, the infrastructure design and construction group in China, announced on Tuesday that it is divesting its 43.87% equity stake in its subsidiary Ranken Railway for a cash consideration of RMB280 million (S$55.3 million).
June 02, 2020