PETALING JAYA: Asdion Bhd is proposing to undertake a capital reduction exercise to remove RM30.76mil of its issued share capital to eliminate the company’s accumulated losses.
In a filing with Bursa Malaysia yesterday, the ACE Market-listed company said the credit of RM30.76mil arising from the proposed share capital reduction would be used to reduce/eliminate its accumulated losses.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!