Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
An update from Intraco Ltd. ( (SG:I06) ) is now available.
Intraco Limited has announced the issuance of its twenty-fifth series of commercial paper in digital securities denominated in Singapore Dollars and its eighteenth series denominated in United States Dollars under the SDAX CP Facility Programme. The SGD CP Series 025A Tokens raised S$19.88 million, while the USD CP Series 018 Tokens raised US$5.77 million. A significant portion of these tokens was subscribed by associates of controlling shareholders and company executives. This move highlights Intraco’s strategic focus on leveraging digital securities to raise capital and engage accredited investors, potentially strengthening its market position and financial flexibility.
More about Intraco Ltd.
Intraco Limited, incorporated in Singapore, operates in the financial sector, focusing on issuing commercial papers in digital securities. The company is involved in the issuance of securities denominated in Singapore and United States dollars, targeting accredited investors.
Average Trading Volume: 16,002
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$42.31M
For an in-depth examination of I06 stock, go to TipRanks’ Overview page.