TAT HONG EQUIP (02153.HK): Sets Up SGD 50M Note Programme
On 14 October 2026, TAT HONG EQUIP (02153.HK) set up a SGD 50 million unlisted note programme and launched a first SGD series at an interest rate of 4.65%.
Key Highlights:
- The programme is a SGD 50 million multi-currency, multi-series unlisted unsecured commercial paper financing programme.
- The first series was launched on 14 October 2026 at 4.65% per annum, maturing about three months from the issue date.
NewTimeSpace News: On 14 October 2026, Tat Hong Equipment Service Co., Ltd. (02153.HK) announced that it has established a SGD 50 million multi-currency, multi-series unlisted unsecured commercial paper financing programme, under which it may issue commercial paper in multiple series from time to time.
On 14 October 2026, the Company launched the first Singapore dollar-denominated series under the programme, carrying an interest rate of 4.65% per annum and maturing about three months from the issue date. The Company expects to raise between SGD 3 million and SGD 6 million from accredited and institutional investors under the issue, with the proceeds intended for working capital of the Group's principal business.
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