General Announcement::INTERIM UPDATE IN RELATION TO THE EXCHANGE OFFER FOR THE OUTSTANDING 13.5% SENIOR NOTES DUE 2022

Issuer & Securities

Issuer/ Manager
GANGLONG CHINA PROPERTY GROUP LIMITED
Securities
GANGLONG US$158M13.5%N221111 - XS2400313883 - JUDB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
01-Nov-2022 22:28:23
Status
New
Announcement Sub Title
INTERIM UPDATE IN RELATION TO THE EXCHANGE OFFER FOR THE OUTSTANDING 13.5% SENIOR NOTES DUE 2022
Announcement Reference
SG221101OTHREIKY
Submitted By (Co./ Ind. Name)
Ganglong China Property Group Limited
Designation
IR Department
Description (Please provide a detailed description of the event in the box below)
INTERIM UPDATE IN RELATION TO THE EXCHANGE OFFER FOR THE OUTSTANDING 13.5% SENIOR NOTES DUE 2022 (ISIN: XS2400313883/COMMON CODE: 240031388)

Reference is made to the announcement of the Company dated October 26, 2022 (the Announcement ), in relation to the Exchange Offer. Unless otherwise defined, capitalized terms in this announcement will have the same meaning as those defined in the Announcement.

The Company is pleased to announce that, as of 12:00 noon, London Time on November 1, 2022, it has received the Instructions tendering the Existing Notes of US$145,000,000 from Eligible Holders, representing approximately 91.8% of the total aggregate principal amount of the outstanding Existing Notes and exceeding the Minimum Acceptance Amount of US$142,200,000.

Please see attached announcement for further details.

Attachments

INTERIM UPDATE IN RELATION TO THE EXCHANGE OFFER FOR THE OUTSTANDING SENIOR NOTES DUE 2022.pdf
Total size =194K