The airline announced that it was undertaking a renounceable rights issue of new shares in the company on March 26, raising up to $15 billion eventually to help survive the Covid-19 crisis.
SINGAPORE (June 2): Singapore Airlines (SIA) has announced that its rights issue has been fully subscribed by valid shareholders.
There were a mix of valid acceptances and excess applications, which amounted to a total of 119.5% of the 1.78 billion rights shares available under the rights issue.
