ASL Marine Holdings Ltd. (SG:A04) has released an update.
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ASL Marine Holdings Ltd. has announced an additional interest payment on its Series 006 S$100,000,000 notes, reflecting a 1.5% annual rate due to their strong financial performance in FY2024. This additional interest payment is linked to the company’s Adjusted Core EBITDA, which exceeded the threshold by S$10 million. The payment will be made to note holders on December 17, 2024.
For further insights into SG:A04 stock, check out TipRanks’ Stock Analysis page.