Zhitong Financial App News, South Gobi (01878) announced that on April 30, 2024, the company and its subsidiaries Southgobi Sands LLC and SGQ Coal Investment Pte. Ltd. entered into a new deferred payment agreement with JDZF (April 2024 deferred payment agreement). JDZF agreed to allow the company to defer payment of the remaining $1.1 million in kind interest due on the convertible bonds on November 19, 2022 (November 2022 physical interest). The payment has been deferred until November 19, 2023 in accordance with the November 2022 deferred payment agreement, and related deferred payment fees (collectively referred to as deferred payment payments) under the November 2022 deferred payment agreement.
南戈壁(01878)及附属与JDZF订立新延期支付协议
South Gobi (01878) and its subsidiary sign a new deferred payment agreement with JDZF
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