rights issue

Following the rights issue, RHB analyst Leng Seng Choon says emasek will become a significant direct shareholder of Sembmarine, with a stake of at least 29%.

SIA secured $8.8 billion through the competition of the rights issue on Friday (June 5). It has raised a further $900 million through long-term loans secured on some of its Airbus A350-900 and Boeing 787-10 aircraft.

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.

Singapore Airlines (SIA) has responded to an open letter to the Securities Investors Association Singapore (SIAS) on Friday.

Given that the hedges are forward contracts, SIA will be obligated to pay its hedging counterparties for the hedging losses on the hedged barrels, says CGS-CIMB

SINGAPORE (Mar 26): Singapore Airlines (SIA) has announced it is undertaking a renounceable rights issue of new shares in the company and mandatory convertible bonds (MCB) to raise up to $15 billion. Coming just a minute before midnight on March 26, the

SINGAPORE (Jan 10): It is the start of 2020 and already, the Singapore Exchange Regulation (SGX RegCo) is reforming the listing requirements and regulations that govern locally-listed companies.

SINGAPORE (Nov 1): The manager of Ascendas Real Estate Investment Trust has announced the proposed acquisition of a portfolio of 30 business park properties from CapitaLand for $1.66 billion.

SINGAPORE (Mar 25): First Sponsor Group is undertaking a rights issue of securities with detachable warrants as well as a bonus issue to raise up to $399.3 million for expansion.

SINGAPORE (Mar 6): Raffles Education Corp is cancelling its proposed 2-for-10 rights issue, which would have allowed the group to raise up to about $27.4 million in net proceeds after raising 275.9 million new shares at the issue price of 10 cents per sha