14 Aug 2013 14:30
14 August 2013
Asian Plantations Ltd
("Asian Plantations" or the "Company")
Convertible Bond Drawdown Notice
The board of directors of Asian Plantations is pleased to announce that, pursuant to the announcement of the convertible bond issue on 9 January 2013, the Company issued, on 14 August 2013, the second tranche of the convertible bond, amounting to US$5,000,000, to OCBC Capital Investment I Pte Ltd, a wholly owned subsidiary of OCBC Bank. Terms remain unchanged from those previously announced. The Company expects to issue the third and final tranche of US$5,000,000 by month-end.
-ENDS-
For further information contact:
Asian Plantations Limited Graeme Brown, Co-Founder & Joint Chief Executive Officer Dennis Melka, Co-Founder & Joint Chief Executive Officer
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Tel: +65 6325 0970
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Strand Hanson Limited James Harris James Spinney
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Tel: +44 (0) 20 7409 3494 |
Macquarie Capital (Europe) Limited Steve Baldwin Dan Iacopetti
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Tel: +44 (0) 203 037 2000
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Panmure Gordon (UK) Limited Tom Nicholson Callum Stewart
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Tel: +65 6824 8204 Tel: +44 (0) 20 7886 2500 |
Bankside Consultants Simon Rothschild
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Tel: +44 (0) 20 7367 8871
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Panther Metals (PALM)