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HomemoviesBooksCapital A shareholders approve capital reduction for PN17 exit plan

Capital A shareholders approve capital reduction for PN17 exit plan

Capital A Berhad (“Capital A” or “the Company”) announced that its shareholders and RCUIDS holders have unanimously approved a key resolution at the Company’s Extraordinary General Meeting (EGM), namely the Proposed Regularisation Plan comprising the capital reduction of up to RM6 billion. This represents achievement of critical milestones in Capital A’s Proposed Regularisation Plan, designed to facilitate the Company’s exit from Practice Note 17 (PN17) status and reinforce its long-term…

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