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TA Corporation Ltd. Updates on Debt Restructuring Agreements

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TA Corporation Ltd. Updates on Debt Restructuring Agreements

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TA Corporation Ltd. ( (SG:PA3) ) has shared an update.

TA Corporation Ltd. has announced an extension for the compliance deadline under the Tiong Aik Construction Pte Ltd Debt Restructuring Agreement to 15 June 2025, allowing more time to secure bank consent and finalize the deed terms. Additionally, the company has obtained a waiver for a condition under the Banks Debt Restructuring Agreement, with plans to conduct a consent solicitation exercise later this year to meet noteholder approval requirements.

More about TA Corporation Ltd.

TA Corporation Ltd. is a company incorporated in the Republic of Singapore, operating with its subsidiaries as a group. The company is involved in construction and real estate, focusing on restructuring agreements and financial obligations.

YTD Price Performance: 4.29%

Technical Sentiment Signal: Buy

Current Market Cap: S$37.82M

For an in-depth examination of PA3 stock, go to TipRanks’ Stock Analysis page.

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