Hysan Development Co. Ltd. has announced its plan to redeem the outstanding principal amount of its U.S.$850,000,000 Subordinated Guaranteed Perpetual Capital Securities, issued by Elect Global Investments Limited. The redemption, scheduled for 18 August 2025, will cover the entire remaining outstanding securities amounting to U.S.$59,854,000, along with any distribution accrued to that date, including any arrears and additional distribution amounts. Following this redemption, the securities will be canceled, and an application will be made to The Stock Exchange of Hong Kong Limited to withdraw their listing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hysan Development Co. Ltd. published the original content used to generate this news brief on July 18, 2025, and is solely responsible for the information contained therein.