Luminor Financial (SGX:5UA) issued 5.5 million ringgit in redeemable preference shares (RPS) via its subsidiary, Luminor Assets, according to a Tuesday filing on the Singapore Exchange.
The issuance is part of a 500 million ringgit RPS program established on Oct. 2, 2023.
The shares, priced at 1 ringgit each, will mature on Nov. 4, 2026. Proceeds will fund factoring, secured lending, and consumer financing.
Dividends will be cumulative, based on the overnight policy rate plus a 5% margin, and declared biannually, subject to available profits. Redemption will occur in cash, with prior notice required for any inability to redeem.
Price (SGD): S$72.11, Change: S$+0.12, Percent Change: +0.17%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。