High Court approves Capital A’s capital-reduction plan

The company said the regularisation plan would be completed upon lodgement of the High Court sealed order with the Registrar of Companies by next week.

KUALA LUMPUR: Capital A Bhd has received the High Court of Malaya’s approval on capital reduction of RM5.51bil, marking the completion of all major steps required under Capital A’s regularisation plan.

In a statement, the company said the regularisation plan would be completed upon lodgement of the High Court sealed order with the Registrar of Companies by next week.