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>SINGAPORE - SHARES of Eng Wah Organisation rose as much as 32.8 per cent to a record high of $0.91 with 604,000 shares traded after it was reported that the cinema operator will put five cinemas, retail and office properties up for sale, worth about $190 million.
The Business Times reported that the majority of the proceeds will go to its shareholders. Eng Wah is in the midst of a reverse takeover deal with a Japanese firm. -- REUTERS
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