CSC Holdings Limited Successfully Raises S\$14.06 Million via SDAX Platform Commercial Papers
CSC Holdings Limited Announces Full Subscription of Digital Securities Issuance, Raising S\$14.06 Million
Key Highlights
- Successful Close of Two Series: CSC Holdings Limited has successfully closed and fully subscribed its 3-month Series 009 and 6-month Series 005 Commercial Papers, both issued as digital securities listed on the SDAX platform.
- Total Funds Raised: The total gross proceeds from both issuances amount to S\$14.06 million.
- Strong Investor Demand: Both offerings saw robust participation from accredited and institutional investors.
Details of the Issuances
- 3-month Series 009 SDAX Issuance:
- Applications Received: S\$5.59 million from accredited and institutional investors.
- Issuance Date: 18 December 2025
- Maturity Date: 18 March 2026
- 6-month Series 005 SDAX Issuance:
- Applications Received: S\$8.47 million from accredited and institutional investors.
- Issuance Date: 18 December 2025
- Maturity Date: 18 June 2026
Participation by Directors and Related Parties
Significant participation by company insiders and related parties may be seen as a strong vote of confidence in the company’s outlook, but also a matter of interest for shareholders and regulators. The subscribed amounts and relations are as follows:
| Name |
Amount Subscribed
3-month Series 009 |
Amount Subscribed
6-month Series 005 |
Connection to Company |
| Mr. See Yen Tarn |
Nil |
S\$300,000 |
Executive Director and Group CEO |
| Mr. Koo Chung Chong |
S\$200,000 |
Nil |
Executive Director and Deputy Group CEO |
| Mr. Ng Sun Eng |
S\$350,000 |
Nil |
Brother of Mr. Ng San Tiong, Non-Executive Director and substantial shareholder |
| Mr. Ng Sang Kuey |
Nil |
S\$690,000 |
Brother of Mr. Ng San Tiong, Non-Executive Director and substantial shareholder |
| Inprint-Systems Asia Pacific Pte. Ltd. |
S\$1,000,000 |
Nil |
Subsidiary of Chwee Cheng & Sons Pte. Ltd., a substantial shareholder |
| Mr. Chua Keng Guan |
S\$100,000 |
Nil |
Managing Director of Wisescan Engineering Services Pte. Ltd., a 70%-owned subsidiary |
| Total |
S\$1,650,000 |
S\$990,000 |
|
Notably, directors and related parties subscribed to S\$1.65 million (29.52%) of the 3-month Series 009 issuance and S\$990,000 (11.69%) of the 6-month Series 005 issuance.
Potential Price Sensitive Information
- Strong Take-Up and Insider Participation: The full subscription and significant insider investment reflect positive internal sentiment and may be viewed favorably by the market.
- Use of Digital Securities and SDAX Platform: The company’s continued use of digital securities and engagement with the SDAX platform highlights its adoption of new financial technologies, which may influence investor perception regarding innovation and transparency.
- Ongoing Announcements Expected: The company has committed to further disclosures on material developments related to the SDAX CP Facility Programme, which could affect the share price as new information becomes available.
Financial Adviser
Taurus Point Capital Pte. Ltd. acted as the exempt corporate finance adviser for the SDAX CP Facility Programme and these issuances.
Conclusion
The successful and fully subscribed issuance of S\$14.06 million in commercial papers represents a significant event for CSC Holdings Limited, both in terms of capital raising and market confidence. The sizeable insider and related-party participation, combined with the company’s commitment to transparency and innovation via digital securities, may be seen as price-sensitive events with the potential to impact investor sentiment and share value in the near term.
Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell any security. Investors should conduct their own due diligence or consult their financial advisors before making investment decisions. All information is sourced from company announcements and is believed to be accurate as of the date of publication.
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