Singapore's Sengkang Mall seeks to extend due date of junior bonds

By Marisa Wong

Madison, Wis., Oct. 18 - Sengkang Mall Ltd. wants to extend the maturity date of its S$134 million secured fixed-rate junior bonds due 2012, according to a company notice.

Sengkang announced a bondholders meeting on Oct. 19 to pass an extraordinary resolution to extend the notes' Nov. 20, 2012 maturity date.

If the resolution is passed, the notes' due date will be extended by no more than 10 years.

Sengkang Mall is a Singapore-based investment holding company.

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