Welcome!
rights issue
Aviation & Engineering
Singapore Airlines uses final $0.6 bil of proceeds from rights issue for aircraft and aircraft-related payments
The sum is said to be used for aircraft and aircraft-related payments between July 1 and Sept 1.
September 16, 2021
Equity raising
King Wan rights issue 176.4% subscribed, raises $6.98 mil
The shares will be listed and quoted on the SGX-ST’s Mainboard at 9am on Sept 8.
September 07, 2021
Offshore & Marine
Sembcorp Marine receives approval from shareholders on $1.5 bil rights issue
As at 3.54pm, shares in SembMarine are trading flat at 10.3 cents.
August 23, 2021
Equity raising
Olam rights issue 118% subscribed, raises $601.7 mil
482.4 mil shares will be issued at $1.25.
July 23, 2021
Offshore & Marine
SembMarine seeks to raise $1.5 bil through rights issue; enters into MOU with Keppel O&M on potential merger
If successfully completed, the merger is expected to be a listed entity and accretive to Keppel Corporation’s earnings.
June 24, 2021
Equity raising
Olam reports 13.1% lower earnings for 1Q21, announces $601.7 million rights issue
The rights issues will be fully sub-underwritten by major shareholder Temasek.
June 22, 2021
Company in the news
ValueMax expects to raise $41.7 mil with 1-for-5 rights issue
For every five existing ValueMax shares, shareholders are entitled to subscribe to one rights share at 36 cents per rights share.
April 13, 2021
Company in the news
Frasers Property receives applications for 982.9 mil rights shares for rights issue
The shares are expected to be credited to the shareholders’ accounts by April 5.
March 30, 2021
Aviation & Engineering
SIA uses further $1.1 bil from rights issue for operating expenses, ticket refunds and aircraft related payments
To date, the airline has used $8.2 bil of its $8.8 bil rights issue proceeds.
March 01, 2021
Company in the news
mm2 Asia to tap shareholders for $52.15 mil with 1-for-1 rights issue
Shareholders are entitled to subscribe for a new mm2 Asia rights share at 4.7 cents, a hefty discount of 60.83% to closing price.
February 03, 2021