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Aseana Properties ( (GB:ASPL) ) has shared an announcement.
Aseana Properties Limited has announced an extension to the repayment date for nine tranches of medium term notes, totaling 8.55 million Malaysian ringgit. This extension, agreed upon with MTrustee Berhad and Potensi Angkasa Sdn. Bhd., allows for a 180-day delay in payment, maintaining the coupon rate at 7%. This move provides Aseana with additional time to manage its financial obligations without altering the interest terms, potentially stabilizing its financial position in the short term.
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.
YTD Price Performance: -13.04%
Average Trading Volume: 50,478
Technical Sentiment Signal: Strong Buy
Current Market Cap: $19.31M
Learn more about ASPL stock on TipRanks’ Stock Analysis page.