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ASL Marine Holdings Ltd. Announces Final Redemption of Fixed Rate Notes

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ASL Marine Holdings Ltd. ( (SG:A04) ) has shared an update.

ASL Marine Holdings Ltd. announced the final redemption of its Series 006 Fixed Rate Notes, amounting to S$86.5 million, under its S$500 million Multicurrency Debt Issuance Programme. The redemption, set for March 2025, includes a total interest of 4.50% per annum, reflecting the company’s commitment to managing its debt obligations effectively, which could positively impact its financial stability and investor confidence.

More about ASL Marine Holdings Ltd.

ASL Marine Holdings Ltd. is a company incorporated in Singapore, operating in the marine industry. It focuses on providing shipbuilding, ship repair, and marine engineering services, catering to a diverse range of clients in the maritime sector.

Average Trading Volume: 755,965

Technical Sentiment Signal: Hold

Current Market Cap: S$59.28M

For a thorough assessment of A04 stock, go to TipRanks’ Stock Analysis page.

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