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rights issue
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.
19 days ago
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
Aviation & Engineering
Singapore Airlines uses final $0.6 bil of proceeds from rights issue for aircraft and aircraft-related payments
The sum is said to be used for aircraft and aircraft-related payments between July 1 and Sept 1.
September 16, 2021
Equity raising
King Wan rights issue 176.4% subscribed, raises $6.98 mil
The shares will be listed and quoted on the SGX-ST’s Mainboard at 9am on Sept 8.
September 07, 2021
Offshore & Marine
Sembcorp Marine receives approval from shareholders on $1.5 bil rights issue
As at 3.54pm, shares in SembMarine are trading flat at 10.3 cents.
August 23, 2021