Business News • MarketWire • Ridgewood Investments (Mauritius) Pte Ltd Announces Extension of Convertible Debenture |
Ridgewood Investments (Mauritius) Pte Ltd Announces Extension of Convertible Debenture |
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Ridgewood Investments (Mauritius) Pte Ltd Announces Extension of Convertible Debenture
TORONTO, ONTARIO--(Marketwire - March 1, 2011) - Temasek Holdings (Private) Limited has announced that its indirect subsidiary Ridgewood Investments (Mauritius) Pte Ltd ("Ridgewood") has agreed to extend the maturity date of the US$100,000,000 non-interest bearing secured convertible debenture (the "Convertible Debenture") issued to it by Platmin Limited ("Platmin") on May 13, 2010 (CAD$97,389,949 at an exchange rate of 1CAD - 1.0268US, using the Bank of Canada noon rate as at February 28, 2011) from February 28, 2011 to March 31, 2011. The extension of the maturity date is subject to regulatory approval.
View More : http://www.marketwire.com/mw/release.do?id=1404076&sourceType=3
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