Salutica Gets High Court Nod for Capital Reduction
Salutica (KLSE:SALUTE) said the High Court of Malaya at Ipoh, Malaysia, on Wednesday granted an order confirming its proposed capital reduction.The sealed court order will be extracted and lodged with the Registrar of Companies for the capital reduction to take effect, according to a Wednesday filing.The company said the effective date will be announced in due course.