Bloomberg News

Sino-Forest Shares Decline as Much as 28% in U.S. Trading

June 03, 2011

June 3 (Bloomberg) -- Sino-Forest Corp., the forestry company whose shares were suspended yesterday on the Toronto Stock Exchange, dropped as much as 28 percent today in U.S. trading.

The shares fell $1.93, or 26 percent, to $5.40 as of 9:33 a.m. in U.S. over-the-counter trading.

To contact the reporter on this story: Simon Casey in New York at scasey4@bloomberg.net

To contact the editor responsible for this story: Simon Casey at scasey4@bloomberg.net


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