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Yongmao Holdings Raises S$4.62 Million Through Digital Securities Issuance

Story Highlights
  • Yongmao Holdings closed its 3-month Series 003 issuance, raising S$4.62 million.
  • The issuance saw strong demand, including director subscriptions, indicating investor confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Yongmao Holdings Raises S$4.62 Million Through Digital Securities Issuance

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The latest announcement is out from Yongmao Holdings Limited ( (SG:BKX) ).

Yongmao Holdings Limited has successfully closed its 3-month Series 003 digital securities commercial paper issuance on the SDAX platform, raising S$4.62 million. The issuance received strong demand from investors and included subscriptions from certain executive and independent directors of the company, highlighting confidence in the company’s financial instruments. The issuance is part of the company’s SDAX Multicurrency CP Programme, and further announcements will be made if there are material developments.

More about Yongmao Holdings Limited

YTD Price Performance: 0.89%

Average Trading Volume: 8,955

Technical Sentiment Signal: Buy

Current Market Cap: S$50.14M

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

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