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ASF Group Limited (ASX:AFA)
ALERT: Price-sensitive ASX Announcement for AFA
Current share price for AFA : $0.060 -0.013 (-17.81%)+
Announcement
Release
7 Jan 2026 10:46AM
Price at Release
$0.073
Full Release
Summary
ASF Group Limited has announced a Debt to Equity Conversion Deed with Rey Resources Pty Ltd, allowing Rey to repay all outstanding loans to ASF by transferring 100% equity of its subsidiary, Rey Surat Gas Pty Ltd. This conversion discharges all outstanding loans and accrued interests, terminating the existing loan agreement. Rey Surat holds interests in the Surat Gas and Silver Springs Projects. ASF Group is a diversified investment company with international operations focusing on sectors like property, resources, technology, and financial services.
Key Points
- ASF Group Limited executed a Debt to Equity Conversion Deed with Rey Resources.
- Rey Resources will repay loans by transferring 100% equity of Rey Surat Gas Pty Ltd.
- The conversion discharges all outstanding loans and accrued interests.
- The loan agreement with Rey is thereby terminated.
- Rey Surat holds interests in Surat Gas and Silver Springs Projects.
- ASF Group is a diversified investment company with global operations.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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