ASL Marine Holdings Ltd. (SG:A04) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
ASL Marine Holdings Ltd. has announced it will pay additional interest on its Series 007 notes if the company’s FY2024 adjusted core EBITDA surpasses S$65 million. This interest will be capped at 2% per annum, calculated at 0.15% for every S$1 million over the threshold. The company’s financial performance and its ability to meet these targets could impact investor returns significantly.
For further insights into SG:A04 stock, check out TipRanks’ Stock Analysis page.