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Intraco Ltd. Expands Digital Securities Issuance with New Commercial Papers

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Intraco Ltd. Expands Digital Securities Issuance with New Commercial Papers

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Intraco Ltd. ( (SG:I06) ) just unveiled an update.

Intraco Ltd. has issued its twenty-fourth series of commercial paper in Singapore dollars and its seventeenth series in United States dollars under the SDAX CP Facility Programme. The SGD CP Series 024A Tokens raised S$25.78 million, while the USD CP Series 017 Tokens raised US$6.02 million, with significant participation from associates of controlling shareholders and company executives. This issuance highlights Intraco’s strategic use of digital securities to attract investment, reinforcing its position in the financial market.

More about Intraco Ltd.

Intraco Ltd., incorporated in Singapore, operates in the financial sector with a focus on issuing commercial papers in digital securities. The company engages in the issuance of securities denominated in both Singapore and United States dollars, targeting accredited investors through the SDAX Exchange.

Average Trading Volume: 27,997

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$41.74M

See more data about I06 stock on TipRanks’ Stock Analysis page.

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