Road King Infrastructure Limited (Road King) and its financing subsidiary RKP Overseas Finance 2016 (A) Limited announced a further deferral of coupon payments on the Issuer’s 7.95% Senior Guaranteed Perpetual Capital Securities (ISIN: XS1567389728).
RKP Overseas Finance has exercised its contractual option under Conditions 8(D)(i) and 8(D)(iv) to postpone, in full, both the scheduled distribution and all accrued but unpaid distributions due on 17 August 2026. Payment will be pushed to the next distribution date, in line with the securities’ terms.
This marks the fourth consecutive deferral: • 17 Feb 2025 – initial distribution deferred (announced 5 Feb 2025) • 17 Aug 2025 – distribution and arrears deferred (announced 8 Aug 2025) • 17 Feb 2026 – distribution and arrears deferred (announced 6 Feb 2026) • 17 Aug 2026 – latest deferral (announced 7 Aug 2026)
The issuer highlighted that no assurance can be given regarding future deferral decisions. Holders of the 7.95% Securities are advised to exercise caution when trading the notes.
Board composition remains unchanged, with Chairman Derek Zen Wei Peu signing the notice on behalf of both Road King and RKP Overseas Finance.