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ASL Marine Holdings to Redeem Series 007 Notes in Strategic Financial Move

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ASL Marine Holdings to Redeem Series 007 Notes in Strategic Financial Move

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ASL Marine Holdings Ltd. ( (SG:A04) ) has provided an update.

ASL Marine Holdings Ltd. has announced its intention to redeem all outstanding Series 007 Notes, valued at S$43,250,000, at 100% of their principal amount on April 1, 2025. This strategic financial move is part of the company’s ongoing debt management efforts, potentially impacting its financial stability and stakeholder confidence.

More about ASL Marine Holdings Ltd.

ASL Marine Holdings Ltd., incorporated in Singapore, operates in the marine industry, focusing on shipbuilding, ship repair, and conversion services. The company is known for its multicurrency debt issuance program, which supports its financial and operational strategies.

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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