REG - Aseana Prop Ltd - Extension of Medium Term Notes Repayment Date

Aseana PropertiesAnnouncement

26/08/2025 09:45

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RNS Number : 6770W  Aseana Properties Limited  26 August 2025

26 August 2025

 

ASEANA PROPERTIES LIMITED

("Aseana" or the "Company")

 

Extension of Commercial Paper and Medium Term Notes Repayment Date

 

Aseana (LSE: ASPL), a property developer in Malaysia listed on the main market
of the London Stock Exchange, announces an extension to the repayment date for
4 tranches of medium term notes with nominal value of 3.8 million Malaysian
ringgit (eq. c.$0.9 million) (the "MTNs").

 

The extension to the repayment date for these tranches of MTNs follows on from
the extensions secured for an earlier 6 tranches of medium term notes with an
aggregate nominal value of 5.7 million Malaysian ringgit (eq. c.$1.3 million),
as announced by the Company on 24 February 2025, two of which have been
redeemed prior to the maturity date.

 

MTrustee Berhad ("MTrustee"), the trustee of the MTN and Potensi Angkasa Sdn.
Bhd. ("Potensi Angkasa"), a wholly owned subsidiary of the Company, have
agreed for a time extension of 90 days for Potensi Angkasa to make full
payment of the nominal value together with any accrued unpaid coupon for the
MTN. As such, the existing maturity date of 18 August 2025 for the MTN have
been extended to 17 November 2025 and the coupon rate payable is to be
maintained unchanged at 7%, calculated on the basis of the actual number of
days elapsed on a 365-day basis, the same terms as previously agreed as part
of the extension of the maturity date announced on 24 February 2025.

 

 

Enquiries:

 

 Aseana Properties Limited
 Leong Kheng Cheong                            kc.leong@aseanapropertieslimited.com

 Lim Tian Huat                                 thlim@aseanaplc.com

 Thong Kok Cheong                              kcthong@aseanaplc.com

 Allenby Capital Limited (Financial Adviser)   +44 (0) 20 3328 5656
 Nick Naylor / Nick Athanas / Ashur Joseph

 

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