ProsperCap Draws Down GBP5 Million Under Credit Facility

MT Newswires

2025/10/01

ProsperCap (SGX:PPC) has drawn down 5 million pounds sterling under its recently secured credit facility with DTP Inter Holdings Corporation, according to a Wednesday filing with the Singapore Exchange.

In order to utilize the loan, the company, via its several subsidiaries, has subscribed to additional shares in order to support capital expenses, operations, and working capital needs of the group's UK-based subsidiary, PPC Hospitality (UK) Company.

The investments are not expected to impact the company's financial statements for the year ending Dec. 31.

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