Tat Hong sets up SGD500m MTN programme. OCBC has been appointed as the arranger and dealer. Under the programme, Tat Hong may from time to time issue notes in Singapore dollars or any other currency as agreed between it and the relevant dealer(s). Net proceeds will be used for general corporate purposes, including refinancing of borrowings, financing capital expenditure and general working capital. The counter increased half a cent to SGD.1405 yesterday. (Business Times)
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