Sona proposes capital repayment of up to RM80mil


PETALING JAYA: Sona Petroleum Bhd has proposed a capital repayment of up to RM80mil to its shareholders in a bid to gain shareholder support for the company’s maiden acquisition.

The special purpose acquisition company (SPAC) told Bursa Malaysia yesterday that the proposed capital repayment is subject to the completion of the proposed acquisition.

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Business , Sona , capital repayment

   

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