KUALA LUMPUR: Holders of Puncak Niaga Bhd's RM546.87 million nominal value 15-year redeemable unconvertible notes can exercise their right to sell any of the notes.
The company said on Monday, Sept 12 the 10th anniversary of the date of the issue or put date would be on Nov 18.
All noteholders have the right to require the company to repurchase all or some only of their outstanding notes on the put date. The company shall be obliged to repurchase the same at the full outstanding principal amount.
Puncak Niaga said any noteholder who wishes to exercise its right to sell any notes back to the'' company under the put option should lodge the form with its share registrars, Tricor Investor Services Sdn Bhd''no later than 5pm on Tuesday, Oct 18, 2011.
The company said on Monday, Sept 12 the 10th anniversary of the date of the issue or put date would be on Nov 18.
All noteholders have the right to require the company to repurchase all or some only of their outstanding notes on the put date. The company shall be obliged to repurchase the same at the full outstanding principal amount.
Puncak Niaga said any noteholder who wishes to exercise its right to sell any notes back to the'' company under the put option should lodge the form with its share registrars, Tricor Investor Services Sdn Bhd''no later than 5pm on Tuesday, Oct 18, 2011.
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