Extension of Medium Term Notes Repayment Date

Aseana (LSE: ASPL), a property developer in Malaysia listed on the main market of the London Stock Exchange, announces an extension to the repayment date for 4 tranches of medium term notes with nominal value of 3.8 million Malaysian ringgit (eq. c.$0.9 million) (the "MTNs").

The extension to the repayment date for these tranches of MTNs follows on from the extensions secured for an earlier 6 tranches of medium term notes with an aggregate nominal value of 5.7 million Malaysian ringgit (eq. c.$1.3 million), as announced by the Company on 24 February 2025, two of which have been redeemed prior to the maturity date.

MTrustee Berhad ("MTrustee"), the trustee of the MTN and Potensi Angkasa Sdn. Bhd. ("Potensi Angkasa"), a wholly owned subsidiary of the Company, have agreed for a time extension of 90 days for Potensi Angkasa to make full payment of the nominal value together with any accrued unpaid coupon for the MTN. As such, the existing maturity date of 18 August 2025 for the MTN have been extended to 17 November 2025 and the coupon rate payable is to be maintained unchanged at 7%, calculated on the basis of the actual number of days elapsed on a 365-day basis, the same terms as previously agreed as part of the extension of the maturity date announced on 24 February 2025.