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.
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