TAT HONG EQUIP(02153.HK): 10th Digital Securities Commercial Paper Issuance; Annual Interest Rate 4.40%, Planned Raising of SGD30 Million–35 Million
NewTimeSpace News: Tat Hong Equipment Service Co., Ltd. (02153.HK) announced on 9 July its 10th issuance of digital securities commercial paper (3-month SGD Series 010) carrying an annual interest rate of 4.40% with a tenor of approximately three months. The Group plans to raise SGD30 million to SGD35 million for working capital requirements. The instruments are issued as security tokens on the SDAX platform under its multi-currency CP programme.
NewTimeSpace News: On 9 July 2026, Tat Hong Equipment Service Co., Ltd. (02153.HK) issued a voluntary announcement. The Company completed the 10th issuance of SGD-denominated digital securities commercial paper (3-month SGD Series 010) under the SDAX Multi-Currency CP Financing Programme on 9 July 2026. The instrument bears an annual interest rate of 4.40% and will mature approximately three months from the issue date. The Company expects to raise between SGD30 million and SGD35 million from accredited and institutional investors. Proceeds will be utilised as working capital for the Group’s core business operations.
The Group launched the SDAX Multi-Currency CP Financing Programme on 3 April 2024, under which multiple series of commercial papers are issued and listed on the SDAX platform in the form of security tokens.
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