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GSH Corporation Launches New Commercial Paper Issuances on ADDX

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GSH Corporation Launches New Commercial Paper Issuances on ADDX

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GSH ( (SG:BDX) ) has shared an update.

GSH Corporation Limited has announced the launch of new commercial paper issuances on the digital securities platform ADDX. The company has issued three series with tenors of 91, 182, and 287 days, offering interest rates of 4.30%, 4.50%, and 4.80% per annum, respectively. This initiative is expected to raise an estimated aggregate of S$10 million, which can be adjusted at the discretion of the Board. The move signifies GSH Corporation’s strategic efforts to leverage digital platforms for financial operations, potentially enhancing its market positioning and providing stakeholders with new investment opportunities.

More about GSH

Average Trading Volume: 144,900

Current Market Cap: S$337.1M

Find detailed analytics on BDX stock on TipRanks’ Stock Analysis page.

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