TAT HONG EQUIP (02153) has announced that on October 8, 2026, the company issued its eleventh digital securities commercial paper denominated in Singapore dollars under the SDAX multi-currency CP financing program, with an annual interest rate of 4.65% and a maturity of approximately 3 months from the issue date.
The company expects to raise between S$28 million and S$33 million from accredited investors and institutional investors under the 3-month SGD Series 011 issuance.
The proceeds from the 3-month SGD Series 011 issuance are intended to be used as working capital for the group's principal business.