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Corporate News

XOX to undertake RM303mil capital reduction

KUALA LUMPUR: XOX Bhd has proposed to undertake a capital reduction of up to RM303mil of its issued share capital.

The mobile services provider, in a filing with Bursa Malaysia, said this would be done via the cancellation of the issued share capital which is unrepresented by available assets of up to RM303mil.

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