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Thakral Issues SG$70 Million Worth of Bonds

-- Thakral (SGX:AWI) issued SG$70 million worth of 5% fixed rate bonds due 2029 under its SG$150 million multicurrency medium-term bond program, according to a Tuesday filing with the Singapore Exchange.

Shares of the property investment firm were down nearly 1% in Wednesday trading.

Phillip Securities was the sole bookrunner for the bonds, which are expected to be listed on April 15.

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