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The latest announcement is out from Ascent Bridge Limited ( (SG:AWG) ).
Ascent Bridge Limited has received a partial repayment of S$74,449.77 from Capital Impetus Group Limited on a previously disclosed S$2.8 million advance and now reports an outstanding balance of about S$2.73 million. The company has agreed to extend the repayment period for the remaining amount by six months, with revised installments of S$1,378,483.23 due on 30 June 2026 and S$1,350,009.30 due on 31 December 2026, leaving all other loan terms unchanged and signaling ongoing credit exposure that investors will monitor through future updates on recoverability and cash flow impact.
More about Ascent Bridge Limited
Ascent Bridge Limited is a Singapore-incorporated company that operates through a group structure, though this announcement focuses on its role as a lender providing advances to counterparties such as Capital Impetus Group Limited. The Group engages in financing arrangements that expose it to credit and repayment risks, making the management and restructuring of such advances relevant to its financial position and stakeholder interests.
Average Trading Volume: 241,205
Technical Sentiment Signal: Sell
Current Market Cap: S$32.39M
Learn more about AWG stock on TipRanks’ Stock Analysis page.