Intraco issues commercial papers in Singapore dollars and US dollars in digital securities

Ashley Lo10-22

Both of the digital securities are expected to be listed on the SDAX Exchange on the same day.Intraco Limited has issued its eleventh series of commercial paper in digital securities in Singapore ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2477317767?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-22 13:28","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2477317767","market":"us","top_or_hot":-1,"title":"Intraco issues commercial papers in Singapore dollars and US dollars in digital securities","media":"Ashley Lo","content":"<div>\n<p>Both of the digital securities are expected to be listed on the SDAX Exchange on the same day.Intraco Limited has issued its eleventh series of commercial paper in digital securities in Singapore ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/company-news/intraco-issues-commercial-papers-singapore-dollars-and-us-dollars-digital?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intraco issues commercial papers in Singapore dollars and US dollars in digital securities</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntraco issues commercial papers in Singapore dollars and US dollars in digital securities\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-22 13:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/company-news/intraco-issues-commercial-papers-singapore-dollars-and-us-dollars-digital?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Ashley Lo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Both of the digital securities are expected to be listed on the SDAX Exchange on the same day.Intraco Limited has issued its eleventh series of commercial paper in digital securities in Singapore ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/company-news/intraco-issues-commercial-papers-singapore-dollars-and-us-dollars-digital?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"I06.SI","symbol_name":"新加坡国际贸易有限公司","start_time":0,"source_url":"https://www.theedgesingapore.com/news/company-news/intraco-issues-commercial-papers-singapore-dollars-and-us-dollars-digital?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2477317767","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477317767","pubTimestamp":1729574882,"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"Both of the digital securities are expected to be listed on the SDAX Exchange on the same day.","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"I06.SI":"新加坡国际贸易有限公司"},"translate_title":"Intraco在数字证券中发行新加坡元和美国元的商业票据","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"I06.SI":1},"content_text":"Both of the digital securities are expected to be listed on the SDAX Exchange on the same day.Intraco Limited has issued its eleventh series of commercial paper in digital securities in Singapore dollars (SGD CP Series 011 tokens) under the SDAX CP facility programme, according to an Oct 22 bourse filing. \nThe digital securities are set to be issued for a tenor of 30 days at an interest rate of 4% per annum. \nAdditionally, the group has also launched its seventh series of commercial paper in digital securities denominated in US dollars (USD CP Series 007 tokens) under the SDAX CP facility programme, for a tenor of 30 days at an interest rate of 6% per annum. \nCurrently, the SGD CP Series 011 tokens raised $10.1 million from accredited investors, while the USD CP Series 007 tokens raised US$4.1 million ($5.3 million) from accredited investors.\nBoth of the digital securities are expected to be listed on the SDAX Exchange on the same day.\nAmongst the subscribers for the SGD CP Series 011 tokens, the group says $6.8 million have since been subscribed by associates of controlling shareholders of Intraco I06, its executive chairman and his spouse. This represents approximately 67% of the SGD CP Series 011 tokens.  \nMeanwhile, amongst the subscribers for the USD CP Series 007 tokens, US$1 million has been subscribed by associates of controlling shareholders of the group, amounting to approximately 25% of the tokens. \nTaurus Point Capital, an exempt corporate finance adviser and a 51% subsidiary of the group, has been appointed as the adviser to Intraco on the SDAX CP Facility Programme, the SGD CP Series 010 tokens and the USD CP Series 006 tokens.\nFurther announcements are expected to follow subject to material developments. \nShares in Intraco closed flat at 35.5 cents on Oct 22.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2477317767"}