{
  "id": 9127670,
  "title": "MMAG proposes RM130mil capital reduction to erase accumulated losses",
  "url": "https://urgent.news/2026/09/22/mmag-proposes-rm130mil-capital-reduction-to-erase-accumulated-losses",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T10:17:11.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/09/1538618/mmag-proposes-rm130mil-capital-reduction-erase-accumulated"
  },
  "original_language": "en",
  "account": null,
  "summary": "KUALA LUMPUR: MMAG Holdings Bhd has announced a proposed share capital reduction of up to RM130 million to eliminate its accumulated losses and rationalise its financial position, M&A Securities Sdn Bhd, acting as the principal adviser to the group, announced on Sept 22.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}