Reference is made to our announcements dated 28 December 2016, 27 December 2019 and 23 December 2020 in respect of the issuance of Series 1 US$60 million 7% Notes (“Notes”) by Mudajaya Ventures Limited (“MVL”) under its EMTN Programme, which was subscribed by Mulpha Strategic Limited (“MSL”).    MVL had on 27 December 2019 partially redeemed the Notes by an amount of US$20 million, with the remaining Notes of US$40 million maturing on 28 December 2021.

We wish to announce that MVL has on 22 October 2021 further partially redeemed the Notes by an amount of US$25 million and accordingly the remaining Notes of US$15 million will remain due on the maturity date i.e. 28 December 2021.

This announcement is dated 25 October 2021.