ASL Marine Holdings Ltd. (SG:A04) has released an update.
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ASL Marine Holdings Ltd. announced an additional interest payment of S$327,143.85 on its Series 007 notes, due to its Adjusted Core EBITDA exceeding the threshold by S$10 million. The additional interest rate is set at 1.5% per annum for the period from April 1 to September 30, 2024, with payment scheduled for December 17, 2024. This move reflects the company’s strong financial performance in FY2024.
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