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Yongmao Holdings Launches New Series of Commercial Paper on SDAX

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Yongmao Holdings Launches New Series of Commercial Paper on SDAX

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Yongmao Holdings Limited ( (SG:BKX) ) has provided an announcement.

Yongmao Holdings Limited has launched its fourth series of 3-month commercial paper on the SDAX platform, priced at an interest rate of 4.3% per annum. The issuance aims to raise between S$2 million and S$4.5 million from accredited and institutional investors, reflecting the company’s strategic move to leverage digital securities for capital raising.

More about Yongmao Holdings Limited

Yongmao Holdings Limited is a company incorporated in Singapore, operating in the industry of digital securities. The company focuses on issuing commercial papers and other financial instruments, targeting accredited and institutional investors.

Average Trading Volume: 6,400

Technical Sentiment Signal: Buy

Current Market Cap: S$55.91M

Learn more about BKX stock on TipRanks’ Stock Analysis page.

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