Intraco Raises Over SG$20 Million, $5.6 Million from Digital Commercial Paper
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Intraco raised SG$20.3 million, including $5.6 million from three series of digital commercial paper, as reported in a filing with the Singapore Exchange. The A series raised SG$19.9 million at 3.8% interest, Series 014 raised $5.6 million at 5%, and Series 002 raised SG$400,000 at 3.5%. Despite this fundraising, shares of Intraco fell over 1% in Friday's morning trade.
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