MSM International Proposes Share Consolidation
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MSM International has proposed a share consolidation plan to merge every four shares into one ordinary share, reducing the total from 105,391,186 to 26,347,796 shares. The paid-up share capital will remain at approximately 30.2 million Malaysian ringgit. Shareholder approval will be sought at an extraordinary general meeting. This move aims to decrease share price volatility and enhance market interest in the company.
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