Autagco Subsidiary Enters into Loan Agreements
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Autagco's wholly owned subsidiary, Communa Gold, entered into five separate loan agreements to acquire interest-bearing term loans worth SG$200,000, according to a filing with the Singapore Exchange on Wednesday. The loans will mature in two years, the filing said. Proceeds from the loans will be utilized to support expansion plans of the subsidiary's assisted living business and to meet general working capital needs.
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