Advance Information Marketing proposes RM32mil capital reduction to offset losses


KUALA LUMPUR: Advance Information Marketing Bhd (AIM) has proposed a share capital reduction of RM32 million to offset the company's accumulated losses.

As of Dec 31, 2024, AIM said it has an issued share capital of RM53.51 million comprising 390.22 million shares and 195.11 million outstanding warrants, which are exercisable into an equivalent number of new shares at an exercise price of eight sen.

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AIM , share , capital reduction , losses

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