Sino-Global Shipping Announces Private Placement of 200,000 Shares.

Sino-Global Shipping America Ltd. has announced a private placement of 200,000 common shares to Crystal Spring Holdings Limited, a company owned by Mr. Deming Wang, at a 5% discount to the five-day average share price as of June 12, 2014. Upon issuance, the company will have 5,103,841 common shares issued and outstanding. The investment is seen as a positive development for the company.