General Announcement::Inside Information Announcement

Issuer & Securities

Issuer/ Manager
BOOM UP INVESTMENTS LIMITED
Securities
BOOM UP INV US$500M3.8%N190802 - XS1459405673 - 4N7B
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
13-Sep-2021 15:22:16
Status
New
Announcement Sub Title
Inside Information Announcement
Announcement Reference
SG210913OTHR8JRN
Submitted By (Co./ Ind. Name)
BOOM UP INVESTMENTS LIMITED
Designation
ISSUER
Description (Please provide a detailed description of the event in the box below)
Due to unexpected delay in the repatriation of the proceeds from certain asset disposition, the Issuer had not received sufficient funds to fulfil its Payment Obligation. The Company has been proactively communicating and will continue to have constructive dialogue with the Noteholders and work expeditiously to propose a revised payment plan for the Notes with the spirit of seeking the long-term success of the Group s business for the benefit of all stakeholders of the Group.

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