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The latest announcement is out from CSC Holdings Limited ( (SG:C06) ).
CSC Holdings Limited has successfully closed and fully subscribed its latest tranches of digital commercial papers on the SDAX platform, comprising a 3‑month Series 009 and a 6‑month Series 005 issuance, raising total gross proceeds of S$14.06 million from accredited and institutional investors. The strong take-up, including significant participation by the company’s own directors and related parties, underscores investor confidence in CSC’s credit profile and highlights the SDAX programme as an important channel for the group’s short-term funding needs, potentially enhancing financial flexibility and reinforcing its presence in the digital securities market.
The most recent analyst rating on (SG:C06) stock is a Hold with a S$0.02 price target. To see the full list of analyst forecasts on CSC Holdings Limited stock, see the SG:C06 Stock Forecast page.
More about CSC Holdings Limited
CSC Holdings Limited is a Singapore-incorporated company that operates through its subsidiaries as a corporate group, tapping capital markets to fund its business activities. The company raises short-term financing from accredited and institutional investors, including via digital securities listed on the SDAX platform, reflecting an ongoing focus on diversifying funding sources through structured capital-markets instruments.
Average Trading Volume: 3,910,768
Technical Sentiment Signal: Buy
Current Market Cap: S$53.52M
See more data about C06 stock on TipRanks’ Stock Analysis page.