Straits Trading Co. Ltd. (SG:S20) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The Straits Trading Company Limited has unveiled a S$55 million multicurrency commercial paper facility, utilizing digital securities on platforms operated by SDAX. This initiative marks the company’s inaugural issuance, targeting accredited and institutional investors with a 3.80% interest rate over a 3-month term. The company aims to raise between S$5 million and S$10 million, depending on investor interest.
For further insights into SG:S20 stock, check out TipRanks’ Stock Analysis page.