Heeton Holdings Limited
Indicative
Full Lot
Indicative price as of 02 Oct 2026, 4:33pm
Bond Issuer
Heeton Holdings Limited
Guarantor
-
Announcement Date
24 Jun 2026
Issue Date
02 Jul 2026
Maturity Date
02 Jan 2030
Years to Maturity / Next Call
3.253 / -
Modified Duration
2.889 @ 02 Oct 2026
Issue / Reoffer Price
100.000
Issue / Reoffer Yield
5.500
Coupon Type
Fixed
Annual Coupon Rate
5.500
Coupon Frequency
Semi Annually
Seniority
Senior Unsecured
Reference Rate
-
ISIN
SGXF13407741
CUSIP
DM3381447
Bond Currency
SGD
Total Issue Size
90,000,000
Min. Investment Quantity (Nominal)
SGD 200,000
Incremental Quantity (Nominal)
SGD 200,000
Bond Type
High Yield Corporate
Bond Sector
Financials
Bond Sub Sector
Real Estate Management and Development
Issuer Credit Rating (S&P/ Fitch)
***/ N.R
Bond Credit Rating (S&P/ Fitch)
***/ N.R
Shariah Compliant
No
Exchange Listed
SGX
If, for any reason, a Change of Shareholding Event occurs, the Issuer will within seven days of such occurrence give notice to the Noteholders of the occurrence of such event (the “Notice”) and shall, at the option of the holder of any Note, redeem such Note at its Redemption Amount, together with interest accrued to the date fixed for redemption, on the date falling 60 days from the date of the Notice (or if such date is not a business day, on the next day which is a business day). To exercise such option, the holder must deposit (in the case of Bearer Notes) such Note (together with all unmatured Coupons and unexchanged Talons) with any Paying Agent at its specified office or (in the case of Registered Notes) the Certificate representing such Note(s) with the Registrar or any other Transfer Agent at its specified office, together with a duly completed option exercise notice in the form obtainable from the Issuing and Paying Agent or the Issuer (as applicable), no later than 30 days from the date of the Notice. Any Note so deposited may not be withdrawn (except as provided in the Agency Agreement) without the prior consent of the Issuer.
For the purposes of this paragraph:
(i) a “Change of Shareholding Event” occurs when the aggregate interest, whether direct or deemed (as the term is described in Section 7 of the Companies Act, Chapter 50 of Singapore), of Mr Toh Giap Eng and his Immediate Family Members in the shares of the Issuer falls below 40 per cent. of the issued share capital of the Issuer; and
(ii) “Immediate Family Members” means Mr Toh Giap Eng’s father, mother, wife, son(s), daughter(s), siblings and siblings’ spouses, son(s) and daughter(s).
In the event that (1) the shares of the Issuer cease to be traded on the SGX-ST or (2) trading in the shares of the Issuer on the SGX-ST is suspended for a continuous period of more than seven days (other than by reason of holiday, statutory or otherwise), the Issuer shall, at the option of the holder of any Note, redeem such Note at its Redemption Amount, together with interest accrued to the date fi xed for redemption on any date on which interest is due to be paid on such Notes or, if earlier, the date falling 45 days after (in the case of (1)) the date of cessation of trading or (in the case of (2)) the business day immediately following the expiry of such continuous period of seven days.
Cash Flow Information