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An announcement from Straits Trading Co. Ltd. ( (SG:S20) ) is now available.
The Straits Trading Company Limited has announced a Relevant Redemption Event concerning its S$370,000,000 3.25% secured exchangeable bonds due 2028. This event follows the completion of the privatisation of ESR Group Limited and its delisting from the Hong Kong Stock Exchange. As a result, bondholders now have the option to redeem their bonds, and the company has notified them of the procedure to exercise this right.
More about Straits Trading Co. Ltd.
Average Trading Volume: 99,624
Technical Sentiment Signal: Hold
Current Market Cap: S$743.2M
For an in-depth examination of S20 stock, go to TipRanks’ Overview page.