Bioalpha proposes RM110mil share capital reduction to offset accumulated losses

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PETALING JAYA: Bioalpha Holdings Bhd has proposed a RM110mil reduction of its issued share capital as part of a house keeping exercise of its balance sheet.

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In a filing with Bursa Malaysia, Bioalpha noted the money will be used to offset its accumulated losses of the company.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: /Business/Business News Balance sheet Corporate News Bioalpha Share capital

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-25 @ 19:17:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 153 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 28206758

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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Coverage Areas: Malaysia

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