TAT HONG EQUIP's sixth issuance of digital securities commercial paper is expected to raise SGD 20 million to 25 million
TAT HONG EQUIP announced that it will issue its sixth digital securities commercial paper on July 10, 2025, expecting to raise between SGD 20 million and SGD 25 million, with an annual interest rate of 5.05% and a maturity period of approximately three months. The funds raised will be used for the company's main business working capital
According to the Zhitong Finance APP, TAT HONG EQUIP (02153) announced that on July 10, 2025, the company will issue Singapore dollar-denominated digital commercial paper under its sixth SDAX multi-currency CP financing plan, with an annual interest rate of 5.05%, maturing in approximately three (3) months from the date of issuance.
The company expects to raise between SGD 20 million and SGD 25 million from recognized investors and institutional investors under the 3-month SGD Series 006 issuance. The proceeds from the 3-month SGD Series 006 issuance are intended to be used as working capital for the group's main business
