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ProsperCap Rebuts Reuters Report on THB 6 Billion Promissory Note

Story Highlights
  • ProsperCap clarified it did not issue a new THB 6 billion promissory note to Bangkok Bank.
  • The company said controlling shareholder DTGO, not ProsperCap, issued the note and urged investors to rely on official SGXNet disclosures.
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ProsperCap Rebuts Reuters Report on THB 6 Billion Promissory Note

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The latest announcement is out from ProsperCap Corporation ( (SG:PPC) ).

ProsperCap Corporation Limited has moved to correct a Reuters news report that stated the company had issued a new THB 6 billion promissory note to Bangkok Bank, clarifying that no such note was issued by ProsperCap itself. Instead, the company explained that the THB 6 billion promissory note was issued on 27 January 2026 by DTGO Corporation Limited, its indirect controlling shareholder, under a new promissory note sale agreement with Bangkok Bank Public Company Limited. ProsperCap said it has contacted Reuters to highlight the misinformation and reminded shareholders and potential investors to treat media reports with caution and rely on the company’s official SGXNet disclosures for accurate information, underscoring its focus on regulatory compliance and transparent communication with the market.

More about ProsperCap Corporation

ProsperCap Corporation Limited is a Singapore-incorporated company listed on the Catalist board of the Singapore Exchange, operating as the holding company of a group of subsidiaries, with an indirect controlling shareholder, DTGO Corporation Limited, based in Thailand.

Average Trading Volume: 5,943

Technical Sentiment Signal: Sell

Current Market Cap: S$96.36M

See more insights into PPC stock on TipRanks’ Stock Analysis page.

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