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GSH ( (SG:BDX) ) just unveiled an update.
GSH Corporation Limited has launched five new commercial paper issuances on the ADDX Exchange under its existing commercial paper facility programme. The series comprise tenors of 105 days, 196 days and 287 days, carrying interest rates ranging from 3.95% to 5.0% per annum.
Through these latest tranches, GSH expects to raise an estimated aggregate of S$45 million, with the final amount subject to the board’s discretion. The move underscores the company’s ongoing use of digital securities platforms to diversify its funding sources and manage short- to medium-term liquidity for its operations and growth plans.
More about GSH
GSH Corporation Limited is a Singapore-based investment holding company with operations conducted through its subsidiaries. The group is involved in property development and related investments, and has been tapping capital markets via a commercial paper facility listed on the digital securities platform ADDX to support its funding needs.
Average Trading Volume: 898,051
Technical Sentiment Signal: Buy
Current Market Cap: S$450.2M
For detailed information about BDX stock, go to TipRanks’ Stock Analysis page.