Padenga eases capital spending

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PADENGA Holdings (Padenga) reported a marginal decline in the carrying value of its property, plant, and equipment (PPE) for the half-year ended June 30, 2025, reflecting lower asset additions and continued depreciation charges.The group’s PPE closed the period at US$94,27 million, down from US$95,52 million as at December 31, 2024.“During the six months ended June…