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Westminster Scaffolding, the struggling London plant hirer, last week unveiled its third capital restructuring in 15 months.The company plans to raise £1.95 million through a share placing and around £250,000 through an offer of new shares to shareholders at 1.5p per share.It also plans to convert £3.5 million of loan stock into shares and to reschedule creditors' payments of £3.17 million for up to five years.Chairman Michael Pelham said the restructuring would ...

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