rights issue

SINGAPORE (Jan 10): Raffles United Holdings is seeking to raise up to $11.7 million by proposing to undertake a renounceable, non-underwritten rights issue of up to 234 million new rights shares at 5 cents each.

SINGAPORE (Dec 16): Lifebrandz reported losses for 1Q ended Oct widened to $1.06 million from $0.53 million a year ago on higher total expenses as a result of business expansion.

SINGAPORE (Nov 29): TEE International is undertaking a rights issue of up to 190.7 million new shares at 10 cents each to raise $19.1 million.

SINGAPORE (Sept 11): OUE Commercial REIT (OUE C-REIT) shocked the market on Tuesday morning by announcing an unabashedly dilutive rights issue, one not seen among the S-REITs since Sabana Shariah Compliant Industrial REIT’s announcement in Dec 2016.

SINGAPORE (Sept 11): Malaysia-based offshore support vessel (OSV) builder Nam Cheong expects to implement its sanctioned schemes of arrangement by this year, which would signal the “crossing of a key obstacle” in its ongoing restructuring exercise to

SINGAPORE (June 5): RHB is maintaining its “buy” call on Moya Holdings with a target price of 14 cents.

SINGAPORE (Dec 7): The Singapore Exchange has proposed changes in three broad areas involving continuous disclosure requirements.

SINGAPORE (Sept 19): Unitholders of Manulife US REIT have given their approval for the REIT manager to proceed with the acquisition of 10 Exchange Place as well as a rights issue to partly fund the property.

SINGAPORE (June 27): CDL Hospitality Trusts (CDLHT) announced Tuesday that it has entered into an agreement to acquire a 94.5% stake in the Pullman Hotel Munich in Germany for €98.9 million ($153.8 million).

SINGAPORE (May 3): Pan United Corporation has announced its intention to de-merge its wholly-owned holding company of its ports business, Xinghua Port Holdings, and subsequently apply for the listing of Xinghua on the Hong Kong Stock Exchange (HKSE).