| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers K > Headlines for KrisAssets Holdings Bhd. > News item |
Malaysia's KrisAssets redeems RM 200 million bonds due December 2012
By Toni Weeks
San Diego, Dec. 23 - KrisAssets Holdings Bhd. announced it exercised a call option to fully redeem its RM 200 million bank-guaranteed bonds due Dec. 2012.
The redemption was financed by the proceeds from the exercise of detachable warrants that had been issued with the bonds.
KrisAssets said the redemption will not have a material effect on the consolidated net assets and earnings of KrisAssets Group for the financial year ending Dec. 31; neither do the directors, substantial shareholders or persons connected to the company have any interest, whether direct or indirect, in the redemption.
KrisAssets is a Kuala Lumpur, Malaysia-based investment holding company.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.