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Intraco
Company in the news
Intraco issues commercial papers in Singapore dollars and US dollars in digital securities
Both of the digital securities are expected to be listed on the SDAX Exchange on the same day.
October 22, 2024
Company in the news
Intraco plans to sell fire protection business for $6.9 million
Eligible shareholders will receive 6 cents a share from the subsequent capital reduction
May 09, 2024
Digital Economy
Intraco launches fifth commercial paper series and first US Dollar digital securities on SDAX
Both the SGD CP Series 005 Tokens and the USD CP Series 001 Tokens will be listed on the SDAX Exchange on April 4.
April 04, 2024
Results
Intraco Limited reverses into earnings for FY2023 due to partial recovery of a trade receivable; revenue declines 17.8%
The group’s revenue declined by 17.8% y-o-y to $158.6 mil for the FY2023, and gross profit came in 4.9% y-o-y lower.
February 23, 2024
Results
Intraco to record ‘significant increase’ in profitability for FY2023
The increase was mainly due to a reversal of allowance for impairment loss on trade receivables.
February 06, 2024
Digital Economy
Third Intraco commercial paper series launched on SDAX
The issue raised $4.19 million from accredited investors, with the tokens to be listed on the SDAX Exchange on Jan 18.
January 18, 2024
Digital Economy
Intraco launches second commercial paper series on SDAX
Intraco's SGD CP Series 002 has a tenor of 31 days at an interest rate of 4.0% per annum, with the offer period ending Dec 18.
December 12, 2023
Company in the news
Intraco to sell 19% stake in Intraco Prime to Authentic Coffee Holdings for nominal consideration
Intraco will remain the majority stakeholder with its remaining 51% stake in Intraco Prime.
November 29, 2023
Results
Intraco expects profit before tax for 1HFY2023 in profit guidance
Intraco remains on SGX-ST’s watch-list after it was placed on the list on June 5.
July 20, 2023
Digital Economy
Intraco, Valuemax plan to list commercial paper on SDAX
Intraco and Valuemax plan to list commercial paper on SDAX, a digital exchange
June 22, 2023