ASL Marine Holdings Ltd. (SG:A04) has released an update.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
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.
For further insights into SG:A04 stock, check out TipRanks’ Stock Analysis page.