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An announcement from Yongmao Holdings Limited ( (SG:BKX) ) is now available.
Yongmao Holdings Limited has launched its fifth series of 3-month commercial paper on the SDAX Platform, priced at an annual interest rate of 3.8%. The issuance aims to raise between S$2.0 million and S$4.0 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 issuance. The company focuses on providing financial instruments such as commercial paper to accredited and institutional investors through platforms like SDAX.
Average Trading Volume: 7,371
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$50.59M
Learn more about BKX stock on TipRanks’ Stock Analysis page.