ASL Marine Holdings Ltd. Informal Noteholders Meeting

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Posted October 31, 2018

This informal meeting is being convened for the purpose of providing Noteholders (i) with a recap on the Group’s business climate and financial performance for the past financial year; (ii) an update on the discussions with the principal bankers on possible additional working capital lines and (iii) present the Proposal to Noteholders for their consideration.

Important Notes - This informal meeting is being convened for the purpose of providing Noteholders (i) with a recap on the Group’s business climate and financial performance for the past financial year; (ii) an update on the discussions with the principal bankers on possible additional working capital lines and (iii) present the Proposal to Noteholders for their consideration.

Kindly note that:

- The informal meeting is not intended to be, and is not, a meeting convened pursuant to the Trust Deed relating to the Notes;

- The informal meeting has been called solely for the dissemination of information and no decisions or voting will be made at the informal meeting;

- The informal meeting is private and confidential and will be held on an entirely without prejudice basis; and

- In addition to noteholders on the records of The Central Depository (Pte) Limited who presently are recognised as Noteholders under the terms of the Trust Deed and the Notes, there may be persons holding the underlying beneficial interest who may also attend the informal meeting, and the reason why these persons have been allowed to attend is not in recognition of their status as Noteholders but solely as a practical measure to facilitate the dissemination of information to such persons whom nominee Noteholders having rights may take instructions from.

Source: ASL