Tat Hong issues digital commercial papers for working capital

Tat Hong Equipment Service Co., Ltd. (the "Company") announced the launch of its seventh issue of commercial papers in the form of digital securities on October 9, 2025. This issuance is part of the existing S$50 million multicurrency multi-series unsecured and unsubordinated commercial paper facility programme, as detailed in an announcement from April 3, 2024. The digital securities are denominated in Singapore Dollars under the SDAX Multicurrency CP Facility Programme.

The 3-month SGD Series 007 Issuance offers an interest rate of 4.50% per annum and matures approximately three months from its issuance date. The company aims to raise between S$20 million and S$25 million through this offering, targeting accredited and institutional investors. The proceeds from this issuance are specifically earmarked to serve as working capital for the Group's principal businesses.

The board of directors, as of the announcement date, comprises Mr. Yau Kok San and Mr. Lin Han-wei as executive directors; Mr. Ng San Tiong (also chairman and non-executive director), Mr. Sun Zhaolin, Mr. Liu Xin, and Mr. Wang Dongjie as non-executive directors; and Ms. Pan I-Shan, Mr. Wan Kum Tho, and Dr. Huang Chao-Jen as independent non-executive directors.