SINGAPORE (EDGEPROP) - Wee Hur Holdings has announced the pricing of its inaugural S$175 million 4.80% fixed rate notes due 2030, issued under its S$500 million multicurrency medium term note programme. The Series 001 Notes, set to be issued on November 4, 2025, will be listed on the Singapore Exchange and are targeted at institutional and accredited investors. DBS Bank and United Overseas Bank are joint lead managers, with Shanghai Pudong Development Bank as co-manager. The proceeds will be used for general corporate purposes, including refinancing, investments, and working capital.

Notably, about 15.29% of the notes have been allocated to controlling shareholders, directors, and the CEO. Executive Chairman Goh Yeow Lian emphasized that the offering marks a significant milestone for the group, but investors are advised to review risk factors related to noteholder concentration and market liquidity.