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Singapore's first listed company issue gets regulatory support

Singapore Business Review

The crowdsourced bond is worth $2m.

According to Reuters, Metech International, an electronic-waste management company, is marketing a S$2 million ($1.4 million) crowdsourced bond, the first of its kind in Singapore.

The recycling company is selling so-called listed company, or listco, bonds on Singapore-based crowdfunding platform FundedHere, which is hosting the securities in collaboration with the Singapore Exchange and under licence from the Monetary Authority of Singapore.

Read more here from Reuters.



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