TAT HONG EQUIPMENT Announces Ninth Issuance of Digital Securities Commercial Paper

Stock News
04/09

TAT HONG EQUIPMENT (02153) has announced that on April 9, 2026, the company will conduct its ninth issuance of digital securities commercial papers denominated in Singapore dollars under the SDAX Multi-Currency CP Financing Program. The papers carry an annual interest rate of 4.40% and will mature approximately three months from the issuance date. The company expects to raise between SGD 30 million and SGD 35 million from the issuance, which is targeted at accredited and institutional investors. The proceeds from the issuance are intended to be used as working capital for the group's core business operations.

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