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friday27 sep24..The Edge.. also planning a share capital reduction to cancel up to RM160 million to reduce its accumulated losses and improve its financial position, and a private placement involving up to 244 million new shares or 20% of its current issued shares to raise up to RM19.5 million to repay borrowings and for working capital. —??????
can you explain more regarding the capital reduction? thus it meant small trader whose still holding the share will be effected also and the price still the same or what?