12:38 PM EST - Sino-Forest Corp. : has signed an agreement to acquire 150,000 hectares of plantation trees in Guangxi Province through Sino-Panel (Asia) Inc. The price of the Chinese fir and pine trees is about US$51.40 per cubic metre over a five-year period. Sino-Forest Corp.
shares T.TRE are trading up 93 cents at $21.08.
