Tat Hong Equipment Service launches seventh SGD commercial paper digital securities issue targeting up to SGD25 million

Reuters

Oct 09

Tat Hong Equipment Service launches seventh SGD commercial paper digital securities issue targeting up to SGD25 million

Tat Hong Equipment Service Co., Ltd. has announced the launch of its seventh issue of commercial papers in the form of digital securities, denominated in Singapore Dollars, under the SDAX Multicurrency CP Facility Programme. The 3-month SGD Series 007 Issuance, launched on 9 October 2025, carries an interest rate of 4.50% per annum and matures approximately three months from the date of issuance. The company expects to raise between SGD20 million and SGD25 million from accredited and institutional investors through this issuance. Proceeds will be used as working capital for the Group's principal businesses. This update follows the company's initial announcement on 3 April 2024 regarding the launch of its SGD50 million multicurrency commercial paper facility programme. No URL for the full prospectus is included in the document.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tat Hong Equipment Service Co Ltd. published the original content used to generate this news brief on October 09, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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