ProsperCap's Controlling Shareholder Pledges 83.7% Stake to Bangkok Bank for THB 6 Billion Facility
MT Newswires
Jan 28
ProsperCap (SGX:PPC) said that its controlling shareholder, DTP Inter Holdings, pledged around 83.74% of its shares to Bangkok Bank against a 6 billion baht facility, according to a Wednesday filing with the Singapore Exchange.
This comes after the company released and discharged its share charges from April 2025 and May 2025, which totaled around 83.74% of the company's share capital, following the repayment of all related indebtedness of controlling shareholder, DTGO Corp., as of Nov. 28, 2025.
The new facility was secured via promissory notes and replaces the previous agreements on facilities of 2 billion baht and 4 billion baht.
The facility was provided to DTGO Corp. which is a controlling shareholder's parent company.
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.