The Bull Run 2006 Homepage

	BULL RUN IN THE NEWS - Business Times Singapore, 26 October 2006, Pg 13 Sino Techfibre donates $100,000 to SGX charity run

SINO Techfibre has contributed $100,000 towards The Bull Run 2006, a charity event organised by the Singapore Exchange (SGX). The group's chief executive, Li Wenheng, presented the cheque to SGX chief executive Hsieh Fu Hua at a ceremony to mark Sino Techfibre's first day of trading at the SGX last Friday. The Bull Run 2006 will take place on Nov 10, when participants clad in their office attire and running shoes will run the course on roads in the CBD to raise funds for the needy children and youths. There will be three runs this year - the 3.2 km Big Boss Challenge and Fun Run and the 1.3 km Doggie Road Race, a first-time special category of race for dogs. Sino Techfibre opened at 85 cents, a 50 per cent premium to its initial public offering (IPO) launch price of 56.5 cents. It was the most active stock of the day. Mr Li said: 'Besides doing our part for the needy children and youths, this is also our way of thanking the public for their strong support during our IPO.' Since its debut last Friday, Sino Techfibre has had three broking houses initiate coverage. They are Phillip Securities, which has a price target of S$1, KELIVE Research, 91 cents, and DMG Securities, $1.12.

SINO Techfibre has contributed $100,000 towards The Bull Run 2006, a charity event organised by the Singapore Exchange (SGX).

The group's chief executive, Li Wenheng, presented the cheque to SGX chief executive Hsieh Fu Hua at a ceremony to mark Sino Techfibre's first day of trading at the SGX last Friday.

The Bull Run 2006 will take place on Nov 10, when participants clad in their office attire and running shoes will run the course on roads in the CBD to raise funds for the needy children and youths.

There will be three runs this year - the 3.2 km Big Boss Challenge and Fun Run and the 1.3 km Doggie Road Race, a first-time special category of race for dogs.

Sino Techfibre opened at 85 cents, a 50 per cent premium to its initial public offering (IPO) launch price of 56.5 cents.

It was the most active stock of the day.

Mr Li said: 'Besides doing our part for the needy children and youths, this is also our way of thanking the public for their strong support during our IPO.'

Since its debut last Friday, Sino Techfibre has had three broking houses initiate coverage.

They are Phillip Securities, which has a price target of S$1, KELIVE Research, 91 cents, and DMG Securities, $1.12.