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Intraco Ltd. Expands Digital Securities Offering with New Commercial Paper Issuance

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Intraco Ltd. Expands Digital Securities Offering with New Commercial Paper Issuance

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Intraco Ltd. ( (SG:I06) ) has provided an announcement.

Intraco Ltd. has issued its twenty-second series of commercial papers in digital securities, denominated in Singapore Dollars, under its SDAX CP Facility Programme. The issuance, which raised S$9.39 million, was subscribed to by accredited investors, including a significant investment from the company’s Executive Chairman. This move highlights Intraco’s ongoing efforts to leverage digital securities for capital raising, potentially enhancing its market position and offering new opportunities for stakeholders.

More about Intraco Ltd.

Intraco Ltd. is a company based in Singapore, involved in the issuance of digital securities and commercial papers. It operates within the financial services industry, focusing on providing investment opportunities through digital platforms.

Average Trading Volume: 30,406

Technical Sentiment Signal: Buy

Current Market Cap: S$39.49M

For a thorough assessment of I06 stock, go to TipRanks’ Stock Analysis page.

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