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Rodman and Renshaw (NASDAQ: RODM) Busy Last Month

|Includes: Direct Markets Holdings Corp. (MKTSQ)

China XD Plastics Company Limited today announced that it has entered into agreements with several major institutional investors for a registered direct placement of approximately $20M. The offering is expected to close on or about October 7, 2010, and Rodman & Renshaw, LLC, a subsidiary of Rodman & Renshaw Capital Group, Inc. acted as the exclusive placement agent for the transaction.

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