Reference is made to our announcements dated 28 December 2016 and 27 December 2019 in respect of the subscription by Mulpha Strategic Limited (“MSL”) of Series 1 US$60 million 7% Notes (“Notes”) issued by Mudajaya Ventures Limited (“MVL”) under its EMTN Programme.  MVL had on 27 December 2019 partially redeemed the Notes by an amount of US$20 million.

We wish to announce that MSL has on 23 December 2020, approved MVL’s request for an extension of the maturity date of the remaining Notes of US$40 million from 28 December 2020 to 28 December 2021. All other terms of the Notes shall remain unchanged. 

This announcement is dated 23 December 2020.