ASF Group Executes Debt-to-Equity Conversion Deed with Rey Resources for Debt Payment

MT Newswires Live

Jan 07

ASF Group (ASX:AFA) executed a debt-to-equity conversion deed with Rey Resources, under which Rey will repay all outstanding loans due to ASF under an Oct. 12, 2017, loan agreement via the transfer of 100% equity of its wholly-owned unit, Rey Surat Gas, according to a Wednesday Australian bourse filing.

Rey was formerly listed on the ASX and was privatized as a result of a compulsory acquisition by Vigorous Resources in August 2025. Rey Surat holds around 5.67% interest in PZE, which in turn indirectly holds 30% interest in the Surat gas project and Silver Springs project, both located in Queensland.

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Rey Surat holds around 5.67% interest in PZE, which in turn indirectly holds 30% interest in the Surat gas project and Silver Springs project, both located in Queensland.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EQR","symbol_name":"资产住宅公司","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2601409948","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2601409948","pubTimestamp":1767751993,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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