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CGS-CIMB issues S$150m digital commercial paper - Vimarsana News

CGS-CIMB issues S$150m digital commercial paper

03 May 2021 / 21:31 H. PETALING JAYA: CGS-CIMB and Singapore Exchange-backed fintech company iSTOX have issued a S$150 million (RM463.02 million) commercial paper programme, a short-term debt instrument in the form of digital securities which will raise funds for the former’s operating expenses and near-term obligations. It stated that the first tranche of S$10 million of the issuance, which offers a 1% per annum interest rate over three months, listed on iSTOX was oversubscribed by accredited individual and corporate investors on the private capital platform. The commercial paper is the f...

CGS-CIMB And ISTOX Roll Out Digital Securities Issuance In S$150-Million Commercial Paper Programme - Vimarsana News

CGS-CIMB And ISTOX Roll Out Digital Securities Issuance In S$150-Million Commercial Paper Programme

Tuesday, 4 May 2021, 6:45 am The CGS-CIMB commercial paper is the first in a new product line by iSTOX. Commercial papers are a US$1-trillion market in the US and they are gaining momentum in Asia. SINGAPORE, 3 MAY 2021 – Leading financial services provider CGS-CIMB and private capital platform iSTOX announced today the issuance of a short-term debt instrument in the form of digital securities. The S$150-million (or US$112-million[1]) multi-tranche commercial paper will be used to fund operating expenses and near-term obligations of CGS-CIMB. The first tranche of S$10 million was over-sub...

Reps from all levels of government to discuss sale of Chinatown seniors home - Vimarsana News

Reps from all levels of government to discuss sale of Chinatown seniors home

Reps from all levels of government to discuss sale of Chinatown seniors home Pressure is rising on multiple fronts to examine the loss of permanent housing units dedicated to serving Chinese seniors near Chinatown. Author of the article: Joanne Lee-Young Publishing date: Apr 18, 2021  •  1 hour ago  •  3 minute read  •  Christina Lam (left), her dad, Cheang Che Fu, and her son, Tim Lam. Families of 70 elderly seniors at an assisted living home near Chinatown that is suddenly ending its services are scrambling to find accommodation. Photo by Francis Georgian /PNG Article ...

Residents of Chinatown's Grace Seniors Home frustrated as possible eviction looms - Vimarsana News

Residents of Chinatown's Grace Seniors Home frustrated as possible eviction looms

Bill Fu was having a great 90th birthday two weeks ago, but the celebration turned to anxiety when he was given an eviction notice.

Zoom interview opportunity for East Asian international students - Vimarsana News

Zoom interview opportunity for East Asian international students

Opportunity for international students to share their experience during the pandemic in a research interview; $10 reward

Source: jhu.edu