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Sino Prosper (0766) and Chairman settle with Somercourt

Company announcement, 13-Jan-2014

The Chairman buys out Somercourt's 54.6m shares (6.72%) stake at $0.45, a 38.4% premium to the last closing price of $0.325. That compares with the $0.179 at which he sold 54m shares on 29-May-2013.

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