General Announcement::Recent Development

Issuer & Securities

Issuer/ Manager
WINSWAY ENTERPRISES HOLDINGS LIMITED
Securities
WINSWAY US$500M8.5%N160408A - US975731AA80 - 4TCB
WINSWAY US$500M8.5%N160408R - USG97214AA16 - 4TDB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
02-Jun-2015 11:22:10
Status
New
Announcement Sub Title
Recent Development
Announcement Reference
SG150602OTHRO4E4
Submitted By (Co./ Ind. Name)
Issuer Services
Designation
SGX-ST
Description (Please provide a detailed description of the event in the box below)
EXTENSION OF STANDSTILL AGREEMENT Reference is made to the announcement of the Company dated 8 May 2015 (the "Announcement") in which, among other things, the Company announced that the Standstill Agreement has been entered into in relation to a significant percentage of the outstanding principal amount of the Senior Notes. Capitalised terms used in this announcement shall bear the same meanings as those defined in the Announcement unless the context requires otherwise. The Board announces that the Standstill Agreement has been extended to 15 June 2015 by mutual agreement of all parties to the Standstill Agreement pending ongoing discussions with the Bondholders and potential equity investors.The Company will make a further announcement regarding its discussions with Bondholders and potential equity investors when appropriate

Attachments

934305Eng_as print_30 May 1130.pdf
934309_chi_as print_30 May 1129.pdf
Total size =148K

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