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Tat Hong Equipment Service Co. Ltd. Launches Seventh Digital Securities Issue

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Tat Hong Equipment Service Co. Ltd. Launches Seventh Digital Securities Issue

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The latest update is out from Tat Hong Equipment Service Co. Ltd. ( (HK:2153) ).

Tat Hong Equipment Service Co., Ltd. announced the launch of its seventh issue of commercial papers in digital securities under the SDAX Multicurrency CP Facility Programme. The issuance, denominated in Singapore Dollars with a 4.50% interest rate, aims to raise between SGD20 million and SGD25 million from accredited and institutional investors, with proceeds intended for working capital in the company’s principal businesses.

The most recent analyst rating on (HK:2153) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Tat Hong Equipment Service Co. Ltd. stock, see the HK:2153 Stock Forecast page.

More about Tat Hong Equipment Service Co. Ltd.

Tat Hong Equipment Service Co., Ltd., incorporated in the Cayman Islands, operates in the equipment services industry. The company focuses on providing commercial paper facilities and has launched a multicurrency multi-series unsecured and unsubordinated commercial paper facility programme.

Average Trading Volume: 249,250

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.26B

See more data about 2153 stock on TipRanks’ Stock Analysis page.

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