OREANDA-NEWS. Singapore Exchange (SGX) today welcomed the listing of Oxley Holdings Limited’s (Oxley Holdings) four-year retail bonds with a coupon rate of 5.15% per annum, payable half-yearly, on the Mainboard under the stock code, “BTNZ”.

Headquartered and listed in Singapore, Oxley Holdings is a property developer with diversified business in property development and property investment, project management and consultancy services in Myanmar, as well as property management and hospitality services, with an overseas presence across eight geographical markets. Since its incorporation, the Group has completed 20 of the 29 launched property developments in Singapore and launched one waterfront township development in London, and two mixed-residential and commercial developments in Cambodia.   

Ching Chiat Kwong, Executive Chairman and CEO, Oxley Holdings Limited, said, “Our second retail bond offering is well-received by our investors and we would like to extend our appreciation for their continued confidence and support for our Group as we embark on the next level of growth by prudently identifying and capitalising on attractive global investment opportunities in real estate.”

Tng Kwee Lian, Head of Debt Capital Market, SGX, said, “SGX is pleased to welcome Oxley Holding’s second successful retail bond offering. With increasing investment opportunities in retail bonds, it is timely for investors to participate in SGX’s range of investor education programmes that we have put in place to help improve their financial knowledge in fixed income products.”

The total issue size of Oxley Holdings’ four-year retail bonds is $150 million.