PETALING JAYA: Berjaya Land Bhd (BLand) has proposed to cancel up to RM440mil nominal amount of 5% irredeemable convertible unsecured loan stocks (Iculs) 1999/2009. In a filing with Bursa Malaysia yesterday, BLand said it proposed to cancel the Iculs held by two subsidiaries Immediate Capital Sdn Bhd (ICSB) and Gateway Benefit Sdn Bhd (GBSB).
(8-1-2008 The Star)
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