No Va Land announces scheme effective following court approval

By Marisa Wong

Los Angeles, April 29 – No Va Land Investment Group Corp. announced that the scheme effective date for its $300 million 5.25% convertible bonds due 2026 (ISIN: XS2364281175) was April 29.

A hearing was held at 9 p.m. ET on April 25 for the Singapore International Commercial Court to approve No Va Land’s scheme of arrangement.

The court’s approval order was sent to the Registrar of Companies in Singapore on April 29.

As announced on March 5, No Va Land proposed to enter into a pre-packaged scheme of arrangement with its creditors relating to any claim or liability related to the 2026 convertible bonds.

Morrow Sodali Ltd. is the information agent (+44 20 4513 6933, +852 2316 4130 or novaland@investor.morrowsodali.com).

The scheme document is posted at https://projects.morrowsodali.com/novaland.

No Va Land is a Vietnamese developer active in residential property and luxury resorts.

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