MPIC Aims to Remove “C” Sign by Reducing Registered and Paid-Up Capital
MPIC has announced its plan to remove the C caution sign by reducing registered and paid-up capital, and transfer of appropriated legal reserve and share premium.
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M Pictures Entertainment Public Company Limited (MPIC) has reported the plan and method in solving C caution due to shareholders’ equity is less than 50% of paid-up capital for the financial statement of 3Q18 ended on September 30, 2018. The summary of the meeting details as follow;