Asia-Pacific Strategic Investments cuts debt owed to former CEO by about 85%

Bitget2026/11/05 10:20

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Asia-Pacific Strategic Investments has secured an activated USD 10 million revolving credit facility from DBS, increasing available credit by USD 5 million.
A fully drawn SGD 2 million convertible loan carries 1% annual interest, with a conversion price of SGD 0.0011 per share.
Restructured debt owed to Lim Soon Fang is payable in cash within 14 days of trading resumption, following an approximately 85% reduction.
The group has no remaining liability for the USD 2 million investor repayment obligation following its unconditional waiver.

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. Asia-Pacific Strategic Investments Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: SOQC07512X6PA80V) on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Asia-Pacific Strategic Investments cuts debt owed to former CEO by about 85%

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