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Intraco Limited Issues New Series of Digital Securities

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Intraco Limited Issues New Series of Digital Securities

Confident Investing Starts Here:

An announcement from Intraco Ltd. ( (SG:I06) ) is now available.

Intraco Limited has issued its sixteenth series of commercial paper in Singapore Dollars and twelfth series in United States Dollars under the SDAX CP Facility Programme, raising approximately S$15.9 million and US$5.4 million, respectively. A significant portion of these securities was subscribed by associates of the company’s controlling shareholders, indicating strong internal support and potentially enhancing the company’s financial flexibility and market positioning.

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 both Singapore and United States dollar-denominated securities, catering to accredited investors.

YTD Price Performance: 1.32%

Average Trading Volume: 43,800

Technical Sentiment Signal: Sell

Current Market Cap: S$43.43M

Find detailed analytics on I06 stock on TipRanks’ Stock Analysis page.

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