ValueMax Launches Sixth Series of Commercial Papers on SDAX Exchange

MT Newswires10-21 13:21

ValueMax Group (SGX:T6I) launched the sixth series of its six-month commercial paper on the SDAX Exchange on Tuesday, according to a Wednesday filing.

The issuance is priced at 3.5% per annum, and the company expects to raise between SG$5 million and SG$30 million from accredited and institutional investors.

The final amount will be determined by the board based on investor demand, it said.

The commercial paper will mature around six months from issuance.

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