Kaisun Holdings: The final expiration date of the subscription agreement for the new convertible bonds has been extended to August 31, 2025.

date
01/05/2025
Kai Sheng Holdings announcement: The company's wholly-owned subsidiary SA Investments has subscribed to Suntrust's new convertible bonds, with a zero coupon rate and a maximum principal amount of 13.511 billion Philippine pesos. SA Investments and Suntrust have entered into a second supplementary agreement to the new convertible bond subscription agreement on April 30, 2025, extending the final deadline from April 30, 2025, at 5 p.m. to August 31, 2025, at 5 p.m. The other terms and conditions of the new convertible bond subscription agreement remain unchanged. Suntrust has applied to the Securities and Exchange Commission, and confirmation from the Securities and Exchange Commission is expected to take an additional approximately 4 months. Trading of the company's shares has been suspended since February 14, 2024, and will remain suspended until all resumption guidelines are met.