Tat Hong Equipment Service Co. Ltd. (HK:2153) has released an update.
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Tat Hong Equipment Service Co., Ltd. has launched its second issue of digital security commercial papers, aiming to raise between SGD15 million and SGD20 million from accredited and institutional investors, with a 5.6% annual interest rate and a three-month maturity. The proceeds will support the working capital for the Group’s principal businesses. This move follows the company’s recent initiation of a multicurrency commercial paper facility program on the SDAX Platform.
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