Stocks to watch: Straits Trading

THE following company saw new developments that may affect trading of its securities on Tuesday (Jan 7):

The Straits Trading Company : The investment company has launched the second series of its three-month commercial paper in digital securities on Singapore’s Digital Assets Exchange. The issuance is expected to raise between S$5 million and S$10 million, which will be determined by the board after considering demand from investors. Shares of Straits Trading ended Monday flat at S$1.44.