TWL Holdings sets entitlement date for fifth-year convertible bond coupon

PETALING JAYA (July 14): Property company TWL Holdings Bhd has announced the entitlement details for the sixth coupon payment under its RM111.28 million nominal value 5% Redeemable Convertible Unsecured Loan Stocks (RCULS) 2023/2028, according to its filing with Bursa Malaysia yesterday.

The coupon payment covers the period from December 15, 2025 to June 14, 2026, representing 182 days of accrued interest.

The coupon rate is 5.0% per annum, with the RCULS trading ex-entitlement on July 28, and the entitlement date fixed for July 29, at 5pm.

The payment date is scheduled for August 12, to holders whose names appear in the record of depositors as at the entitlement date.

TWL’s five-year 2023/2028 RCULS are redeemable on maturity in 2028, subject to the terms and conditions of the issue.

The corporate action was announced under Bursa Malaysia’s entitlement (Notice of Book Closure) category.

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