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Golden Energy to reduce share capital by US$401.2m
Published Fri, Sep 15, 2017 · 09:50 PM
Singapore
GOLDEN Energy and Resources is planning to carry out a capital reduction exercise to write off losses of US$401.2 million that the firm has accumulated up to the end of 2015.
This, however, will not have any impact on the firm's net tangible assets, earnings per share or gearing level, it said.
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