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Aseana Properties ( (GB:ASPL) ) just unveiled an update.
Aseana Properties Limited has announced a 90-day extension for the repayment of three tranches of medium term notes, valued at approximately 2.85 million Malaysian ringgit. This extension, agreed upon with MTrustee Berhad and Potensi Angkasa Sdn. Bhd., maintains the coupon rate at 7% and shifts the maturity date to 1 December 2025. The extension aims to provide the company with additional time to fulfill its financial obligations, potentially impacting its financial stability and stakeholder confidence.
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 real estate development projects in Malaysia.
Average Trading Volume: 45,000
Technical Sentiment Signal: Sell
Current Market Cap: $19.31M
See more insights into ASPL stock on TipRanks’ Stock Analysis page.