Reference is made to our announcements dated 28 December 2016, 27 December 2019 and 23 December 2020 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.  MVL had on 27 December 2019 partially redeemed the Notes by an amount of US$20 million, with the remaining Notes of US$40 million maturing on 28 December 2021.

We wish to announce that MVL has on 22 October 2021 further partially redeemed the Notes by an amount of US$25 million and accordingly the remaining Notes of US$15 million will remain due on the maturity date i.e. 28 December 2021.

This announcement is dated 25 October 2021.