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Global Yellow Pages plans capital reduction to write off S$60m loss
Published Thu, Sep 10, 2015 · 09:50 PM
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Singapore
GLOBAL Yellow Pages plans to reduce its share capital by S$59.8 million to write off the same amount of accumulated losses, the information directory company announced on Thursday after the market closed.
The company's share capital currently stands at S$134.29 million, and will be S$74.49 million if the capital reduction is approved by shareholders.
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