Alpha Tribe

JMD Ventures LtdOthers, 06-04-2025: Please find attached declaration about non-applicability of Regulation 57(5) for QE March 2025

06-04-2025 · 01:07 pm

JMD Ventures Limited has confirmed the non-issuance of any non-convertible securities for the quarter ending March 31, 2025. Consequently, there are no obligations for interest or principal payments on NCDs and bonds during this period. This decision reflects a cautious approach to financing, potentially maintaining liquidity. For investors, this implies a neutral impact on the company's financial commitments, with no immediate risks associated with debt servicing. Overall, the company’s focus on managing its obligations may be viewed positively as it prioritizes stability.

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