Intraco Ltd. (SG:I06) has released an update.
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Intraco Limited has successfully issued a new series of commercial papers as digital securities, raising S$8.09 million in Singapore Dollars and US$1.20 million in US Dollars from accredited investors. These digital securities, with tenors of 33 days, offer interest rates of 4.0% and 6.0% per annum respectively, and will be listed on the SDAX Exchange. Significant portions of the investments were made by associates of the company’s controlling shareholders and its Executive Chairman.
For further insights into SG:I06 stock, check out TipRanks’ Stock Analysis page.
