Ta Win proposes RM190mil capital reduction to set off losses


KUALA LUMPUR: Ta Win Holdings Bhd today has proposed to undertake a reduction of RM190 million in its issued share capital to reduce the company’s accumulated losses.

In a Bursa Malaysia filing today, it said that as at the latest practicable date, the issued share capital of the company is RM303.64 million comprising 3.67 billion ordinary shares.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Ta Win , Capital reduction , losses , corporate

Next In Business News

ACE Market-bound GHS posts 1Q net profit of RM1.5mil
AAX redesignates Benyamin Ismail as GM, appoints Bo Lingam as group CEO
Favelle Favco secures RM76.3mil crane orders
IJM confirms MACC, IRB presence at office
CAB Cakaran buys industrial building in Pahang for RM2.8mil
Ringgit firms against greenback on economic resilience
PJBumi forms JV with Chinese firm for oilfield equipment production
Malaysia-born billionaire investor Cheah Cheng Hye puts quarter of wealth in gold
Rianlon’s RM1.27bil project boosts Johor’s high-value manufacturing push
Opensys wins RM22mil cash recycling machines supply contract

Others Also Read