Uni-Fuels (UFG) subsidiary completes US$3M Series 003 token issuance
Rhea-AI Filing Summary
Uni-Fuels Holdings Limited reported that its wholly owned Singapore subsidiary, Uni-Fuels Pte. Ltd., has completed a new funding transaction. On January 17, 2025, the subsidiary closed the offering of its 3M USD Commercial Paper Series 003 (UFU313) and raised US$3 million in gross proceeds through the issuance of Series 003 tokens. These tokens are scheduled to be listed on the ADDX Exchange on January 18, 2025, providing a tradable instrument linked to the subsidiary’s commercial paper program.
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FAQ
What did Uni-Fuels Holdings Limited (UFG) report in this Form 6-K?
Uni-Fuels Holdings Limited reported that its wholly owned subsidiary, Uni-Fuels Pte. Ltd., closed the offering of its 3M USD Commercial Paper Series 003 and raised US$3 million in gross proceeds from issuing Series 003 tokens.
How much capital did Uni-Fuels Pte. Ltd. raise in the Series 003 offering?
Uni-Fuels Pte. Ltd. raised US$3 million in gross proceeds from the issuance of its Series 003 tokens under the 3M USD Commercial Paper Series 003 (UFU313).
When did the Uni-Fuels 3M USD Commercial Paper Series 003 (UFU313) offering close?
The offering of the Series 003 by Uni-Fuels Pte. Ltd. closed on January 17, 2025, as disclosed in the report.
On which exchange will Uni-Fuels’ Series 003 tokens be listed?
The Series 003 tokens issued by Uni-Fuels Pte. Ltd. will be listed on the ADDX Exchange on January 18, 2025.
Which entity within the Uni-Fuels group issued the Series 003 tokens?
The issuer of the Series 003 tokens is Uni-Fuels Pte. Ltd., a Singapore subsidiary that is wholly owned by Uni-Fuels Holdings Limited.
Who signed the Uni-Fuels (UFG) Form 6-K related to the Series 003 offering?
The Form 6-K was signed on behalf of Uni-Fuels Holdings Limited by Koh Kuan Hua, the company’s Chief Executive Officer, dated January 20, 2026.