Del Monte Pacific Completes DMPI Share Redemption

Del Monte Pacific (SG:D03) has released an update.

Del Monte Pacific Limited has successfully completed its planned redemption of additional DMPI shares using the residual proceeds from its recent $70 million perpetual securities issuance. The company had previously settled a derivative for $29.9 million and partly redeemed DMPI shares from SEA Diner for $36.4 million. This final share redemption step was completed on June 5, 2024, following the schedule announced in prior company updates.

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