PETALING JAYA: Go Innovate Asia Bhd
has received a request from two of its shareholders, Fong Pok Yee and Derrick Chia Kah Wai, to undertake a selective capital reduction and repayment exercise at 4.25 sen per share.
In a statement, the two shareholders said should the proposed exercise be successful, it will result in them collectively holding the entire equity interest of the company and allow them to explore other business opportunities.
