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
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
