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Short-seller hits China food firm in Singapore attack
date:Aug 27, 2013
ors has since applied to the courts to have China Metal Recycling liquidated.

Last year, high-profile short seller Muddy Waters attacked Singapore commodity trading firm Olam prompting the company to raise cash as its stock and bond prices tumbled.

Singapore state investor Temasek, stepped in to prop the company, raising its stake to 24 percent from 16 percent.

12/22 02:50