NEP to reduce capital

NEP Realty and Industry said it would reduce registered and paid-up capital from Bt2.81 billion to Bt1.41 billion, and Bt1.36 billion to Bt678.9 million, respectively by reducing par value from Bt1 per share to Bt0.5.

The reduction is to use the premium in excess of par value to eliminate the current and future share discount and deficit. The company also wants to cancel the production line of jute products and to replace it by expansion of plastic products. - The Nation

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NEP to reduce capital

NEP Realty and Industry said it would reduce registered and paid-up capital from Bt2.81 billion to Bt1.41 billion, and Bt1.36 billion to Bt678.9 million, respectively by reducing par value from Bt1 per share to Bt0.5.

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