rights issue

SINGAPORE (Nov 1): NRA Capital says it is maintaining a positive view of Sino Grandness even as it notes that external allegations and the company’s high borrowings have depressed its share price, although there is no denying that there will always be r

SINGAPORE (Oct 4): NRA Capital has calculated an indicative fair value of 69 cents for Sino Grandness Food Industry Group, following its Sept 30 announcement of its rights issue to raise minimum net proceeds of about $66.4 million at an issue price of 31

SINGAPORE (Sept 23): UOB Kay Hian is keeping Frasers Hospitality Trust on “buy” but has cut its target price to 81 cents, from $1.01 previously, to factor in a “heightened risk profile”.

SINGAPORE (Sept 22): Cacola Furniture International will be embarking on a number of new measures to drive growth in  its furniture manufacturing business, following an extensive review of its operations.

SINGAPORE (Sept 14): Daiwa says the imminent rights issue of Frasers Hospitality Trust (FHT), albeit dilutive, could help to improve its free float and valuations.

SINGAPORE (July 25): Noble Group says valid acceptances for 6.3 billion shares and excess applications for 5.1 billion shares representing 95.7% and 78% of the total rights shares available for application were received at the close of the rights issue on

SINGAPORE (July 7): Commodities firm Noble Group is in full retreat on Thursday, falling 7.3% to 19.4 cents at 11.37am after surging on Tuesday before the public holiday in Singapore on Wednesday.

SINGAPORE (July 1): Yongnam Holdings has received applications for 109 million rights shares at the close of its rights issue on June 28.

SINGAPORE (July 1): UOB is keeping its “hold” call for Ezion Holdings with a target price of 60 cents following the company’s formal entry into the China offshore windfarm market and an announcement of a rights issue.

SINGAPORE (June 30): Ezion Holdings has proposed an underwritten rights issue to raise net proceeds of up to $137.5 million.