Mulpha: Capital reduction will help clear losses

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Mulpha: Capital reduction will help clear losses Jun 17, 2010 NSTP PROPERTY developer Mulpha Land Bhd (7889) said its proposed capital reduction will help clean up its book and improve cash position. Mulpha plans to reduce the par value of its shares by 90 per cent, which will give rise to RM82 million. This will help clear accumulated losses and the rest will be credited to its ca... More Latest News: Rehda lobbies for RM10b annual green allocation (May 23, 2012) Housing ministry to build more garbage transfer stations (May 23, 2012) Australian property favoured by Asian investors (May 22, 2012) Impiana to sign share sale deal with Heritage Lane (May 22, 2012) Jaya33 Cybercentre targets corporate ICT players (May 22, 2012) Related Categories: News sourced from NSTP Tags: N/A Bookmark:

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