Date : 27 December 2019

OTHERS MULPHA INTERNATIONAL BHD ("MIB") - Subscription by Mulpha Strategic Limited (an indirect wholly-owned subsidiary of MIB) of Series 1 US$60 million 7% Notes due 2019 issued by Mudajaya Ventures Limited (a wholly-owned subsidiary of Mudajaya Group Berhad) under its US$200 million Euro Medium Term Note ("EMTN") Programme

MULPHA INTERNATIONAL BERHAD

Type Announcement
Subject OTHERS
Description
MULPHA INTERNATIONAL BHD ("MIB")
- Subscription by Mulpha Strategic Limited (an indirect wholly-owned subsidiary of MIB) of Series 1 US$60 million 7% Notes due 2019 issued by Mudajaya Ventures Limited (a wholly-owned subsidiary of Mudajaya Group Berhad) under its US$200 million Euro Medium Term Note ("EMTN") Programme

Reference is made to our announcement dated 28 December 2016 in respect of the subscription by Mulpha Strategic Limited (“MSL”) of Series 1 US$60 million 7% Notes (“Notes”) issued by Mudajaya Ventures Limited (“MVL”) under its EMTN Programme.

 

We wish to announce that MSL has on 27 December 2019, approved MVL’s request for an extension of the maturity date of the Notes from 28 December 2019 to 28 December 2020.  Simultaneous with such extension, MVL has on even date, partially redeemed the Notes by an amount of US$20 million.  The fixed interest rate of 7% per annum payable by MVL to MSL on a semi-annual basis for the remaining outstanding Notes, remains unchanged. 

 

 

 

This announcement is dated 27 December 2019.






Announcement Info

Company Name MULPHA INTERNATIONAL BERHAD
Stock Name MULPHA
Date Announced 27 Dec 2019
Category General Announcement for PLC
Reference Number GA1-27122019-00053


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