Sanli Environmental to Raise Over SG$5 Million via Commercial Paper

MT Newswires

01/20

Sanli Environmental (SGX:1E3) is targeting to raise between SG$3 million and SG$5 million through the launch of its second series of unsecured 12-month commercial paper on the ADDX Exchange, according to a Tuesday filing with the Singapore Exchange.

The bonds will have an interest rate of 5% per year, with proceeds going towards the supporting the company's working capital needs and other operational requirements.

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