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

Aseana PropertiesAnnouncement

13/10/2025 10:00

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RNS Number : 1015D  Aseana Properties Limited  13 October 2025

13 October 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
7 tranches of the medium term notes with nominal value of 6.65 million
Malaysian ringgit (eq. c.$1.6 million) (the "MTNs").

 

The extension to the repayment date for these tranches of the MTNs follows on
from the extensions secured for the previous 9 tranches of MTNs with an
aggregate nominal value of 8.55 million Malaysian ringgit (eq. c.$1.9
million), as announced by the Company on 7 April 2025, two of which have been
redeemed prior to the maturity date.

 

MTrustee Berhad ("MTrustee"), the trustee of the MTNs and Potensi Angkasa Sdn.
Bhd. ("Potensi Angkasa"), a wholly owned subsidiary of the Company, have
agreed for a time extension of 60 days for Potensi Angkasa to make full
payment of the nominal value, together with any accrued unpaid coupon for the
MTNs. As such, the existing maturity date of 30 September 2025 and 13 October
2025 for the MTNs have been extended to 1 December 2025 for four tranches and
12 December 2025 for three tranches 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 7 April 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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