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ASL Marine Holdings to Redeem S$86.5 Million Notes by 2025

Story Highlights
  • ASL Marine operates in the marine industry, focusing on shipbuilding and repair.
  • The company plans to redeem S$86.5 million notes by March 2025, impacting its financial strategy.
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ASL Marine Holdings to Redeem S$86.5 Million Notes by 2025

Elevate Your Investing Strategy:

ASL Marine Holdings Ltd. ( (SG:A04) ) has issued an announcement.

ASL Marine Holdings Ltd. announced the redemption of its Series 006 Notes, valued at S$86,500,000, which will mature on 28 March 2025. This financial move is part of the company’s multicurrency debt issuance programme, indicating a strategic step in managing its financial obligations and potentially impacting its liquidity and financial stability.

More about ASL Marine Holdings Ltd.

ASL Marine Holdings Ltd. is a company incorporated in Singapore, operating within the marine industry. The company, along with its subsidiaries, is involved in shipbuilding, ship repair, and other marine services, focusing on the Southeast Asian market.

YTD Price Performance: -3.33%

Average Trading Volume: 811,223

Technical Sentiment Consensus Rating: Hold

Current Market Cap: S$57.3M

See more data about A04 stock on TipRanks’ Stock Analysis page.

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