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Medtech
Biolidics reallocates $670,000 of rights issue proceeds to Biomedics Lab acquisition
The proceeds from the rights issue was originally intended to be used for the company’s working capital purposes.
November 23, 2023
Construction
Hiap Seng announces rights issue to raise $3.3 million
Hiap Seng announces 2-for-1 rights issue to raise $3.3 million for debt restructuring
October 11, 2023
Company in the news
Katrina Group’s renounceable non-underwritten rights issue of warrants oversubscribed
According to the group, the net subscription proceeds will be used to fund the renovation of its new F&B outlets.
October 06, 2023
Offshore & Marine
Seatrium uses $100 mil to repay loans; left with $300 mil from rights issue
The company last used another $200 million to repay a loan facility on July 28.
September 08, 2023
Equity raising
ISOTeam aims to raise $10.3 mil via 1-for-1 rights issue priced at 3 cents
As at Dec 31 2022, cash was at $7.6 million, vs debt of $46.7 million
June 26, 2023
REITs
Link REIT announces 1-for-5 rights to raise HK$18.8 billion
Link REIT announces 1-for-5 rights issue at HK$44.2 per unit to raise HK$18.8 billion diluting DPU but readying for Link 3.0
February 10, 2023
Markets
CSE Global announces $33.4 million rights issue, DBS and UOBKH lowers target price
The issue shares will be priced at 33 cents per share.
October 11, 2022
Offshore & Marine
SembMarine uses $120.0 mil of net proceeds from rights issue for working capital purposes
Following this, SembMarine has around $600.0 million left from the $1.5 billion raised in 2021.
September 27, 2022
IPO
Once-hot stock offering market buckles under recession risk
In addition to heightened volatility and uncertainty, the underperformance of some high-profile 2021 listings is also a concern
June 19, 2022
Telecommunications
Singtel to fully subscribe to Bharti Airtel rights issue for up to INR29.4 bil
Bharti Airtel’s rights issue is priced at INR535 per share.
September 23, 2021