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The latest update is out from Yongmao Holdings Limited ( (SG:BKX) ).
Yongmao Holdings Limited has launched its sixth series of 3‑month commercial paper as digital securities on the SDAX platform, offering an annual interest rate of 3.6% and a tenor of approximately three months. The issuance seeks to raise up to S$4 million from accredited and institutional investors under the company’s SDAX multicurrency commercial paper programme, underscoring Yongmao’s continued use of digital capital markets to secure short-term funding and potentially enhance its financial flexibility and investor reach.
The most recent analyst rating on (SG:BKX) stock is a Hold with a S$0.66 price target. To see the full list of analyst forecasts on Yongmao Holdings Limited stock, see the SG:BKX Stock Forecast page.
More about Yongmao Holdings Limited
Yongmao Holdings Limited is a Singapore-incorporated company whose group operates in the industrial and construction-related sector, focusing on capital-raising activities via digital securities on the SDAX platform to support its business operations and growth. The company targets accredited and institutional investors through multicurrency commercial paper programmes, reflecting an emphasis on diversified, market-based funding sources.
Average Trading Volume: 7,800
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$56.36M
See more data about BKX stock on TipRanks’ Stock Analysis page.