Aug 2019 SSB 2.01% for 10 years and 1.68% for 1 year

No place to park your excess funds and want a flexible place to park while gaining a decent yield. SSB is the place for you to park your funds.

Learn how to make use of SSB bond ladder to gain additional interest with DBS Multiplier.

This month issuance is the worst interest in 2019 at 1.68%

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Aug 2019 SSB gives an average interest rate of 2.01% over the next 10 years and can be applied thru DBS/POSB, OCBC and UOB ATMs and Internet Banking.
This bond will be reflected as “SBAUG19 GX19080E” in your CDP statement or “GX19000E” in your SRS statement and “ CDP-SBAUG19 ” in your bank statement.

The 1st interest payment will be made on 1 Feb 2020, and subsequently every six months on 1 Feb and 1 Aug every year.

If you invest $1000, you will receive $202 in interest if you hold the bond till maturity in 2029.

Yearly and average interst rate as below.

SSB Interest Rates

Past Month SSB Rates

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ST Group Food Industries Holdings Limited – Balloting Results

ST Group Food Industries Holdings Limited is offering 30.077 mil placement shares for its IPO on Catalist at $0.26 per share. The IPO write up is available here.

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The board of directors is pleased to announce that, as at the close of the Application List at 12.00 noon (Singapore time) on 1 July 2019, all the 30,077,000 Placement Shares available for subscription have been validly and fully subscribed for and application monies received for these Placement Shares amounted to S$7.8 million. There is no update on the number of times oversubscribed. 

The allocation of placement shares is as follow.

ST Group_Placement Results

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Mr. Saw Tatt Ghee (蘇達義), Executive Chairman and CEO of the Company, said, 

We would like to extend a warm welcome to all our new shareholders. Thank you for your vote of confidence, and for believing in the growth story and future of ST Group. We are extremely excited to embark on this new journey with you. Our status as a listed company provides us a platform to enhance the visibility of our brands across our key geographical markets. Alongside the enlarged capital base from our successful listing, we believe we are now better-placed to build on our successes over the past seven years and elevate our business to the next level.