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PJBumi slides on capital reduction plan

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PJBumi slides on capital reduction plan

Post by hlk Fri 20 Apr 2012, 13:38

As of 9.41am in Kuala Lumpur trading PJBumi Bhd, a storage-tank supplier, slid 2.3 per cent to 21 sen, bound for its lowest close since April 5. The company has proposed a capital reduction to offset accumulated losses, it said in a statement. -- Bllomberg

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