Global Yellow Pages plans capital reduction to write off S$60m loss
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
