Hiap Seng Industries Subsidiary Completes Capital Reduction Activity

MT Newswires
Sep 08

Hiap Seng Industries (SGX:1L2) subsidiary, Hiap Seng Engineering, completed a capital reduction exercise to cancel lost or unrepresented paid up capital, according to an after-market filing with the Singapore Exchange on Monday.

Following the exercise, the company's issued and paid-up share capital has been reduced to SG$5 million, comprising 303,750,000 shares.

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