GSH Corporation Limited on Sep, 11 2025 said it has closed five digital commercial-paper issues on the SDAX platform, lifting gross proceeds by 18.37 million Singapore dollars.

The five tranches—GSH_D006_3/SGD, GSH_D006_6/SGD, GSH_D002_9/SGD, GSH_D006B_6/SGD and GSH_D002B_9/SGD—will be issued on the SDAX platform on the same day. Among subscribers, controlling shareholder and executive chairman Dr. Sam Goi Seng Hui took up 11.80 million Singapore dollars, equal to 92.19 % of the GSH_D002B_9/SGD tranche.

Because financing costs payable to Dr. Goi and his associate, executive director Goi Kok Ming, may reach about 10.66 million Singapore dollars—roughly 3.01 % of the group’s 2024 net tangible assets—the transactions qualify as interested person transactions under Singapore Exchange rules. The company said no shareholder approval is required.

The audit committee said the transactions were on normal commercial terms and not prejudicial to minority shareholders.