Thursday, September 1, 2011

Sheng Siong

Sheng Siong: enters into a lease agreement for new supermarket store at 200 Woodlands Industrial Park E7, with floor area of ~14.2k sf. The lease period is for 3 yrs commencing 1 Oct, with 2 consecutive options to renew the lease agreement for additional periods of 3yrs each. Lease payments will be funded from internal resources.
The stock closed at a new high of $0.56 yday, and is up 70% from its IPO price of $0.33.

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