Securities Investors Association (Singapore) or SIAS has published a letter sent to Singapore Airlines (SIA) following the announcement of its proposed issuance of additional mandatory convertible bonds (MCBs) amounting to $6.2 billion earlier this month.

The letter, written by SIAS chief executive David Gerald on May 27, raised a series of questions related to the MCB issuance, SIA’s strategy and outlook, and its financials.

Among these was a question raised on behalf of some shareholders on whether SIA is considering privatisation and/or delisting, similar to the privatisation of SMRT Corporation.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook