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Intraco Ltd. Expands Digital Securities Issuance with New Series

Story Highlights
  • Intraco issued new commercial papers in digital securities under the SDAX CP Facility.
  • The issuance raised significant funds, highlighting strategic focus on digital securities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Intraco Ltd. ( (SG:I06) ) has shared an update.

Intraco Ltd. has announced the issuance of its seventeenth series of commercial paper in Singapore dollars and its thirteenth series in United States dollars under the SDAX CP Facility Programme. The SGD CP Series 017 Tokens raised S$18.2 million, while the USD CP Series 013 Tokens raised US$5.5 million, with significant participation from associates of controlling shareholders and company executives. This move highlights Intraco’s strategic focus on leveraging digital securities to enhance its financial operations and strengthen its market position.

More about Intraco Ltd.

Intraco Ltd. is a company incorporated in Singapore, operating in the financial sector with a focus on issuing commercial papers in digital securities. The company is involved in raising capital through digital securities denominated in Singapore and United States dollars, targeting accredited investors.

Average Trading Volume: 46,586

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$39.49M

For detailed information about I06 stock, go to TipRanks’ Stock Analysis page.

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