rights issue

Right issue price 'in line with market precedents', says SIA

CoVid-19

Right issue price 'in line with market precedents', says SIA

SINGAPORE (Apr 24): Singapore Airlines (SIA) has responded to an open letter to the

Aviation

Cash call should keep SIA flying, but earnings to nosedive: CGS-CIMB

SINGAPORE (March 30): While the capital raising move backed by Temasek Holdings should strengthen Singapore Airlines (SIA) for the long haul, the flag carrier’s earnings will likely nosedive ahead,

CoVid-19

Singapore Airlines to raise $15 bil via rights issue of new shares, mandatory convertible bonds

SINGAPORE (Mar 26): Singapore Airlines (SIA) has announced it is undertaking a renounceable rights issue of new shares in the company and mandatory convertible bonds (MCB) to raise up to $15 billio

Regulatory Action

No more quarterly reporting for companies not associated with 'higher risks': SGX RegCo

SINGAPORE (Jan 10): It is the start of 2020 and already, the Singapore Exchange Regulation (SGX RegCo) is reforming the listing requirements and regulations that govern locally-listed companies.

REITs

Ascendas REIT to acquire 30 business park properties from CapitaLand for $1.66 bil; launches rights issue at $2.63 per unit to raise $1.31 bil

SINGAPORE (Nov 1): The manager of Ascendas Real Estate Investment Trust has announced the proposed acquisition of a portfolio of 30 business park properties from CapitaLand for $1.66 billion.

Equity raising

First Sponsor plans rights and bonus issues to raise up to $399 mil

SINGAPORE (Mar 25): First Sponsor Group is undertaking a rights issue of securities with detachable warrants as well as a bonus issue to raise up to $399.3 million for expansion.

Update

Raffles Education scraps $27.4 mil rights issue in view of recent market conditions, share price falls

SINGAPORE (Mar 6): Raffles Education Corp is cancelling its proposed 2-for-10 rights issue, which would have allowed the group to raise up to about $27.4 million in net proceeds after raising 275.9

Equity raising

Raffles United proposes $12 mil rights issue; another shareholder called up by CAD

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

Results

LifeBrandz 1Q losses widen on business expansion; undertakes rights issue

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.

TEE International proposes rights issue to raise up to $18.9 mil

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.

Be informed of the stories that matter