tiprankstipranks
Straits Trading Unveils S$55M Digital Securities Program
Company Announcements

Straits Trading Unveils S$55M Digital Securities Program

Straits Trading Co. Ltd. (SG:S20) has released an update.

Don't Miss Our Christmas Offers:

The Straits Trading Company Limited has unveiled a S$55 million multicurrency commercial paper facility, utilizing digital securities on platforms operated by SDAX. This initiative marks the company’s inaugural issuance, targeting accredited and institutional investors with a 3.80% interest rate over a 3-month term. The company aims to raise between S$5 million and S$10 million, depending on investor interest.

For further insights into SG:S20 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskStraits Trading Raises S$9.09 Million in Digital Issuance
TipRanks Singapore Auto-Generated NewsdeskStraits Trading Bolsters Board with New Director
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App