Autagco (SGX:1D3) agreed with Lenn International to extend the maturity date of a convertible loan agreement for an amount of SG$500,000 to June 2, 2027, according to a Monday filing with the Singapore Exchange.
Shares of the operator of restaurants in Singapore, Malaysia and Thailand zoomed over 50% in Tuesday trading.
Initially, the loan was slated to mature on Dec. 2, 2026, the filing said.
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