Straits Trading Co. Ltd. ( (SG:S20) ) just unveiled an announcement.
The Straits Trading Company Limited successfully closed its 3-month Series 003 digital commercial paper issuance on the SDAX platform, raising S$13.41 million. This strong investor demand highlights the company’s strategic use of digital securities to enhance its financial operations and potentially strengthen its market position.
More about Straits Trading Co. Ltd.
Incorporated in 1887, The Straits Trading Company Limited is a conglomerate-investment company with operations and financial interests in resources, property, and hospitality. These include strategic stakes in one of the world’s leading tin producers, Malaysia Smelting Corporation Berhad, ESR Group Limited, and Far East Hospitality Holdings, as well as a diversified property portfolio wholly owned by the Group.
YTD Price Performance: -8.50%
Average Trading Volume: 31
Technical Sentiment Signal: Strong Buy
Current Market Cap: €426.9M
See more data about S20 stock on TipRanks’ Stock Analysis page.