Among the subscribers for the CP Series 022B tokens, $1.2 million was subscribed by Intraco’s executive chairman, about 12.8% of the tokens.
Intraco Limited has issued its 22nd series of commercial paper in digital securities under the SDAX CP Facility Programme for 30 days at a 3.8% p.a. rate.
The digital securities, which are denominated in Singapore dollars, raised $9.39 million from accredited investors and will be issued on the SDAX Exchange on the same day.
