tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Aseana Properties Extends Medium Term Notes Repayment

Story Highlights
  • Aseana Properties extends repayment for a 20 million ringgit tranche of medium term notes.
  • The extension maintains a 7.5% coupon rate, providing financial stability for Aseana.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aseana Properties Extends Medium Term Notes Repayment

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Aseana Properties ( (GB:ASPL) ) has provided an announcement.

Aseana Properties Limited has announced an extension to the repayment date for a tranche of medium term notes valued at 20 million Malaysian ringgit. This follows previous extensions for 18 tranches with a total value of 17.1 million Malaysian ringgit. The new maturity date is set for 9 December 2025, with the coupon rate maintained at 7.5%. This extension provides Aseana additional time to manage its financial obligations without altering the coupon rate, potentially stabilizing its financial operations and reassuring stakeholders.

More about Aseana Properties

Aseana Properties Limited is a property developer based in Malaysia and is listed on the main market of the London Stock Exchange. The company focuses on developing real estate projects in Malaysia.

Average Trading Volume: 109,008

Technical Sentiment Signal: Sell

Current Market Cap: $19.31M

For an in-depth examination of ASPL stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1