Scomi Group Bhd surprised investors when it proposed to revise its current issued share capital reduction from RM224.96mil to RM3mil from the earlier RM40mil.
PETALING JAYA: Berjaya Media Bhd continues to be in the red although it has narrowed its loss for the fourth quarter ended April 30. For the quarter, its net loss narrowed to RM6.03mil from RM14mil previously on the back of a 28.4% drop in revenue to RM6.5mil.
In a filing with Bursa Malaysia, the group said that the lower losses were mainly because there was no further impairment loss on publishing rights incurred during the current quarter, as compared to a RM12mil impairment loss in the preceding period.
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