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Owner of Filipino seafood groups cuts share value to reduce $61m debt

Millenium Global Holdings will bring down the par value of its shares in an effort to undergo equity restructuring to reduce its deficit

By Undercurrent News | Oct. 14, 2015 18:01 BST
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Filipino fund Millennium Global Holdings informed the stock exchange that it was set to undergo equity restructuring in order to reduce its deficit, which was at PHP 2.8 billion ($61 million) at the end of 2014, reports Business World Online.  [...]

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