TAT HONG EQUIP (02153.HK): Issues 11th digital paper series
NewTimeSpace News: On 8 October 2026, Tat Hong Equipment Service Co., Ltd. (stock code: 02153.HK) announced the eleventh issue, on 8 October 2026, of Singapore dollar-denominated digital commercial paper under its SDAX multi-currency CP financing programme, carrying an annual interest rate of 4.65% and maturing about three months from the issue date. The Company expects to raise between SGD 28 million and SGD 33 million from accredited and institutional investors under the issue, with proceeds intended as working capital for its principal business.
The Company launched a SGD 50 million multi-currency multi-series unsecured non-subordinated commercial paper financing programme, the SDAX multi-currency CP financing programme, on 3 April 2024, under which it may issue and list multiple series of commercial paper as security tokens on the SDAX platform.
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