SDAI Signs Four Redeemable Loan Agreements

MT Newswires

2024/11/13

SDAI (SGX:5TI) entered into four separate redeemable loan agreements with individual lenders for a total sum of SG$1.0 million, according to a filing with the Singapore Exchange on Tuesday.

Each of the loan will be payable by the company to each lender in one lump sum payment upon the expiry of the term on June 30, 2026.

The company intends to use the loans for general working capital purposes and to discharge current liabilities.

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