&nbsp;Lee Chin Considers giving Up NCB ownership as part of debt repayment&nbsp;
Billionaire Business Mogul Michael Lee-Chin today confirmed that he is undertaking a structured and time-bound review of repayment options in relation to AIC&rsquo;s outstanding bond obligations, in accordance with the agreement reached with bondholders. Under the terms of that agreement, AIC has activated the forty-five (45) day period commencing December 31, 2025, to address the amount currently due, totaling US$94 million in principal and interest. This framework provides an orderly process for finalizing repayment arrangements while maintaining constructive engagement with noteholders. Mr. Lee-Chin is actively evaluating several options, including a full repayment of the bonds, settlement of the amount currently due within the 45-day period and the potential sale of his shareholding in NCB Financial Group. He is working closely with his advisors and relevant stakeholders to determine the most appropriate and sustainable course of action.
 &ldquo;This process is focused on identifying a responsible solution that best serves all&nbsp; stakeholders,&rdquo; Mr. Lee-Chin said. &ldquo;I appreciate the constructive dialogue with bondholders and remain fully committed to meeting these obligations in an orderly and transparent manner.&rdquo;
A decision on the preferred course of action is expected within the next two weeks, well ahead of the conclusion of the agreed period. Mr. Lee-Chin expressed confidence that the steps being taken will lead to a positive resolution.
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Lee Chin Considers giving Up NCB ownership as part of debt repayment

Lee Chin Considers Giving Up NCB Ownership