Singapore: SinoCloud Group raises $3.48m in private placement from 4 investors

Singapore: SinoCloud Group raises $3.48m in private placement from 4 investors

Software engineer and his dog at a data centre. Credit:Flickr/Sean Ellis

SinoCloud Group has entered into a placement agreement with four investors subscribing to a total of 1.38 million new shares at S$0.35 to raise S$4.82 million ($3.48 million).

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