RMH Holdings Ltd. Advances Corporate Reorganization with Capital Reduction Plan
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RMH Holdings Ltd. is undergoing a corporate reorganization following shareholder approval for a capital reduction plan. This process, nearing completion for a petition to the Grand Court of the Cayman Islands, aims to enhance fundraising flexibility, potentially allowing for the issuance of debentures, notes, new shares, and debt settlement. The company is also focused on monitoring operating costs and improving asset utilization as part of its business strategy.
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