Investment Details
About the Issuer
Intraco Limited (UEN: 196800526Z) (“Intraco”) was incorporated on 5 November 1968 and has been listed on the Mainboard of the Singapore Exchange since 18 December 1972. Intraco has evolved over the years. Today Intraco, through its wholly owned subsidiaries, is engaged in the distribution and/or trading of plastic resin and liquor, provision of passive fire protection products and services, provision of mobile radio infrastructure management services in Singapore and also corporate finance advisory on assets securitisation via digital assets and tokenisation. It is a lead arranger in Singapore for short term commercial papers issued in digital token format. In September 2022, it lead-managed the tokenisation of a portfolio of Burgundy wines where the digital wine tokens are listed for trading on a licensed digital private exchange in Singapore. In October 2023, it also pioneered the first tokenised trade and supply chain transaction on a licensed digital private exchange in Singapore. Intraco has a 19.9% equity interest in a major payment institution licensed by the Monetary Authority of Singapore to conduct regulated payment services including account issuance, domestic and cross-border money transfers and money changing services. Intraco is headquartered in Singapore and has presence in Vietnam and Indonesia.