GENERAL ANNOUNCEMENT::SUCCESSFUL CLOSE AND FULL SUBSCRIPTION OF 3-MONTH SERIES 008 & 6-MONTH SERIES 004 COMMERCIAL PAPERS
Issuer & Securities
Issuer/ Manager
CSC HOLDINGS LIMITED
Securities
CSC HOLDINGS LTD - SG1F84861094 - C06
Stapled Security
No
Announcement Details
Announcement Title
General Announcement
Date &Time of Broadcast
18-Sep-2025 17:29:07
Status
New
Announcement Sub Title
Successful Close and Full Subscription of 3-month Series 008 & 6-month Series 004 Commercial Papers
Announcement Reference
SG250918OTHRXOUR
Submitted By (Co./ Ind. Name)
See Yen Tarn
Designation
Executive Director & Group Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Please refer to the attachment.
Attachments
Announcement.pdf
Total size =355K MB
CSC HOLDINGS LIMITED
(Company Registration No. 199707845E)
SUCCESSFUL CLOSE AND FULL SUBSCRIPTION OF 3-MONTH SERIES 008 COMMERCIAL PAPERS AND 6-MONTH SERIES 004 COMMERCIAL PAPERS IN DIGITAL SECURITIES LISTED ON THE SDAX PLATFORM - S$7.80 MILLION GROSS PROCEEDS RAISEDReference is made to the Company's announcements made on SGXNET dated 1 December 2023, 14 December 2023, 29 February 2024, 19 March 2024, 29 May 2024, 19 June 2024, 29 August 2024, 19 September 2024, 29 November 2024, 19
December 2024, 6 February 2025, 20 February 2025, 28 February 2025, 20 March 2025, 5 June 2025, 19 June 2025, 5 August
2025, 19 August 2025 and 4 September 2025 (the "SDAX CP Facility Programme Announcements"). Unless otherwise defined, all capitalised terms used herein shall have the same meanings as ascribed to them in the SDAX CP Facility Programme Announcements.
The Board of Directors (the "Board") of CSC Holdings Limited (the "Company" and together with its subsidiaries, the "Group") is pleased to announce that the 3-month Series 008 SDAX Issuance and the 6-month Series 004 SDAX Issuance, both launched on 4 September 2025 has closed today at 11:30
a.m. (Singapore time) and has received strong demand from investors.
In respect of the 3-month Series 008 SDAX Issuance, the Company had received applications from accredited investors and institutional investors for an aggregate amount of S$5.50 million. Accordingly, the final aggregate amount raised by the Company from the 3-month Series 008 SDAX Issuance is S$5.50 million. The digital securities to be issued by the Company to the subscribers of the 3-month Series 008 SDAX Issuance will be issued on the SDAX Platform on 18 September 2025, and will mature on 18 December 2025.
In respect of the 6-month Series 004 SDAX Issuance, the Company had received applications from accredited investors and institutional investors for an aggregate amount of S$2.30 million. Accordingly, the final aggregate amount raised by the Company from the 6-month Series 004 SDAX Issuance is S$2.30 million. The digital securities to be issued by the Company to the subscribers of the 6-month Series 004 SDAX Issuance will be issued on the SDAX Platform on 18 September 2025, and will mature on 18 March 2026.
A director of the Company and the following company as described in the table below had subscribed, in respect of the 3-month Series 008 SDAX Issuance, for an aggregate principal amount of S$1.1 million, amounting to 20% of the 3-month Series 008 SDAX Issuance:
Name | Amount subscribed under the 3-month Series 008 SDAX Issuance | Connection to the Company |
Mr. Koo Chung Chong | S$100,000 | Executive Director and Deputy Group Chief Executive Officer of the Company |
Inprint-Systems Asia Pacific Pte. Ltd. | S$1,000,000 | Inprint-Systems Asia Pacific Pte. Ltd. is subsidiary of Chwee Cheng & Sons Pte. Ltd. ("CCSPL"), which is one of the substantial shareholders of the Company. 38.33% of the shares of CCSPL is owned by Chwee Cheng Trust, and Mr. Ng San Tiong, the Non-Executive Director and substantial shareholder of the Company, is one of the four (4) joint trustees of Chwee Cheng Trust. Accordingly, Mr. Ng San Tiong also has a deemed interest in Inprint-Systems Asia Pacific Pte. Ltd. |
Total | S$1,100,000 |
Taurus Point Capital Pte. Ltd., an exempt corporate finance adviser, is the adviser to the Company on the SDAX CP Facility Programme, the 3-month Series 008 SDAX Issuance and the 6-month Series 004 SDAX Issuance.
The Company will make further announcements as and when there are material developments in respect of the SDAX CP Facility Programme, the 3-month Series 008 SDAX Issuance and the 6-month Series 004 SDAX Issuance.
BY ORDER OF THE BOARDSee Yen Tarn
Executive Director and Group Chief Executive Officer 18 September 2025