Debt-Laden Kumpulan Europlus Bhd (K-Euro) (3565) expects to be profitable in 2012, helped by its RM10 billion Canal City project and debt settlement, says its chairman Datuk Abdul Hamid Mustapha.
As at March 31 this year, K-Euro had borrowings of RM260 million.
It is proposing to raise RM90.8 million by disposing...
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