rights issue

SINGAPORE (April 4): The manager of Ascott Residence Trust announced its rights issue was 1.8 times subscribed.

SINGAPORE (March 15): Health Management International (HMI) announced that its recent renounceable non-underwritten 11-for-200 rights issue was 145.7% subscribed, raising gross proceeds of roughly $18.5 million.

SINGAPORE (March 13): The Singapore Exchange (SGX) has raised the cap for companies seeking a general mandate for an issue of pro-rata renounceable rights from 50% of its share capital previously to 100%.

SINGAPORE (March 8): UOB Kay Hian has downgraded its call on Ascott Residence Trust (Ascott REIT) to “hold” from “buy” previously, following Tuesday’s announcement of its $442.7 million rights issue to acquire Ascott Orchard Singapore, Citadines

SINGAPORE (March 7): The rights issue by Ascott Residence Trust to raise $442.7 million for the purchase of three properties in Germany and Singapore will be dilutive to both yield and net asset value (NAV) of the REIT, according to a note by Religare Cap

SINGAPORE (March 7): Ascott Residence Trust has launched a fully underwritten renounceable rights issue to raise $442.7 million.

SINGAPORE (Dec 5): Catalist-traded Sincap Group is raising up to $26 million in a rights issue.

SINGAPORE (Nov 16): Tat Hong Holdings announced a renounceable underwritten 1-for-5 rights issue to raise $41.1 million after trading hours on Monday. On Tuesday, the stock lost 6.5 cents, or 14.3% of its share value, to close at 39 cents.

SINGAPORE (Nov 15): Crane operator Tat Hong Holdings sank into 2Q losses of $5.4 million, or 0.86 cents per share, compared to earnings of $4.4 million a year ago on .

SINGAPORE (Nov 11): Health Management International (HMI) will be consolidating the ownership of its two hospitals in Malaysia, 48.9%-owned Mahkota Medical Centre (MMC) and 60.8%-owned Regency Specialist Hospital (RSH), to 100% each for a total purchase p