TAT HONG EQUIP (02153): Fourth issuance of digital commercial paper.

Tat Hong Equip (02153) announced that on January 9, 2025, they will issue digital securities commercial paper denominated in Singapore dollars under the fourth issuance of the SDAX multi-currency CP financing plan. The annual interest rate is 5.2%, and it will mature in approximately 3 months from the date of issuance ("3-month SGD Series 004 issuance"). The company expects to raise between 20 million and 25 million Singapore dollars from accredited investors and institutional investors under the 3-month SGD Series 004 issuance. The proceeds from the 3-month SGD Series 004 issuance will be used as working capital for the company's main business operations.