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rights issue
Aviation & Engineering
SIA to use $0.9 bil from rights issue for ticket refunds, ongoing operating expenses and debt service
To date, the airline has used about $7.1 billion between June 8 and Dec 13, 2020.
December 21, 2020
Aviation & Engineering
SIA to use $1.8 bil from rights issue proceeds for ticket refunds, ongoing operational expenses and debt service
So far, the airline has utilised $6.2 billion between June and August 2020 since its rights issue.
October 19, 2020
Offshore & Marine
Sembcorp Marine fails to win full support on rights issue
SembMarine's 5-for-1 rights issue is priced at 20 cents a share.
September 07, 2020
Aviation & Engineering
SIA to use $2.2 bil from rights issue proceeds to fund operating expenses, aircraft purchases, and debt service
The airline has already utilised $2.2 billion to repay the $2 million bright loan facility with DBS Bank on June 16.
August 19, 2020
REITs
IREIT exercises call option for Spanish office buildings, plans rights issue
On Aug 7, IREIT Global’s manager announced it plans to exercise the call option to acquire the 60% of four Spanish properties it does not own from Tikehau Capital, for around €47.8 million. The transaction is subject to unitholders approval where the
August 10, 2020
REITs
Dasin Retail Trust issues 120.5mil new units following private placement; to raise up to $94m in rights issue
The new units will be listed and quoted on the mainboard of the Singapore Exchange (SGX) at 9 a.m. today.
July 07, 2020
Company in the news
Asian Pay Television Trust to use $46.2 mil from rights issue for partial repayment of offshore facilities, and fees
Some $45.0 million will go towards the partial repayment of APTT’s offshore facilities.
June 30, 2020
Commodities
Halcyon Agri to raise $174.7 mil via rights issue of new shares
Thus far, the company has not received any undertaking from any of its substantial shareholders to take up their respective rights shares.
June 22, 2020
Broker's Calls
UOBKH turns bearish on SIA, recommends 'taking profit'
SINGAPORE (June 22): About a month ago, UOB KayHian (UOBKH) was one of few brokerages that were optimistic about Singapore Airlines’ prospects.
June 22, 2020
Aviation & Engineering
SIA to use $2.2 bil from rights issue to repay bridge loan facility with DBS, fund operating expenses
Singapore Airlines (SIA) announced that it will be using $2.2 billion out of the gross proceeds of the $8.8 billion raised from the rights issue, to repay the $2 billion bridge loan facility with DBS Bank.
June 16, 2020