KrisEnergy Ltd announced that it has applied to voluntarily de-list its 139.5 million Singapore dollars senior secured zero coupon notes due 2024 from the Singapore Exchange Securities Trading Ltd (SGX-ST).

The joint official liquidators said the notes are no longer actively traded and that maintaining the listing no longer benefits either the company or holders of the notes, while removing it will cut compliance and administrative costs.

The notes are currently represented by a global certificate held with The Central Depository (Pte) Ltd. Upon completion of the de-listing process, the certificate will be returned to the liquidators; no physical notes will be issued.

No exit offer will be made to noteholders or shareholders. The liquidators also confirmed that the company’s assets are insufficient to cover liquidation costs, meaning no dividend will be paid to any creditors, including noteholders.

SGX-ST approved the de-listing application on Aug, 26 2025. The notes will be removed from the exchange’s official list at 9:00 a.m. on Oct, 10 2025.

Noteholders with questions can contact the liquidators’ office at the address provided in the announcement.