rights issue

SIA to use $0.9 bil from rights issue for ticket refunds, ongoing operating expenses and debt service - THE EDGE SINGAPORE

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.

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.

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.

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.

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

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.

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.

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.

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.

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.
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