Vallianz Holdings Limited (SG:WPC) has released an update.
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Vallianz Holdings Limited is currently negotiating a restated settlement agreement with DBS for the Series A Convertible Bonds that were due in 2029 and had an outstanding principal amount of $47,441,515. The company has surpassed the original Long Stop Date from the Settlement Deed and is working on finalizing the terms, including the Final Settlement Amount. Shareholders have been advised to exercise caution and await further material developments before taking any action regarding their securities.
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