WebJun 2, 2024 · Of this, S$1.94 billion was attributed to Temasek’s pro-rata entitlement to the rights MCBs. Since the rights issue is fully underwritten by Temasek, the balance S$1.41 … WebMay 21, 2024 · Date: May 21, 2024. First published in Straits Times on 21 May 2024. Many Singapore Airlines shareholders have approached the Securities Investors Association ... This takes into account the rights issue. SIA shares closed at $3.70 on Tuesday, so the rights shares at $3 each still provide a discount to investors.
SIA has exhausted the S$8.8 billion raised from its rights issue in ...
WebApr 29, 2024 · Please be informed that SIA is having a renounceable rights shares issue of 3 for every 2 existing shares and a renounceable rights MCB issue of 295 for every 100 existing shares. The ex-date will be on 6th May 2024. For LONG clients who are intending to hold your positions past the ex-date and be … Continue reading "(CFD) SIA Rights Issue … WebDec 22, 2024 · In addition to the funds raised during the rights issue, SIA said it has raised for FY2024/21 a total of $2.1 billion through loans secured on its aircraft and a short-term … diary of a wimpy kid the meltdown characters
Rights Issues Singapore Airlines
WebSep 17, 2024 · As far as the 2024 rights issue goes, SIA spent the proceeds of S$8.8 billion between June 8, 2024 and Sept 1, 2024. SIA had used S$2.0 billion of the proceeds for the repayment of the bridge loan from DBS, which was set up in April 2024 to provide the liquidity required by SIA for the completion of the rights issue in 2024. WebApr 1, 2024 · With the issuance of 1.78bn rights shares, total number of shares will increase to 2.96bn. Total amount of capital raised = 1.78bn * S$3.00 = S$5.34bn. So post rights issuance market value of SIA = (existing market cap (S$7.67bn) + new cash raised (S$5.34bn)) / total number of new shares (2.96bn) = S$4.40/share. These rights will be … WebOct 25, 2024 · The total amount of $3.86 billion, which is the sum at 110.408% of the principal, will take place on Dec 8, says SIA via a bourse filling dated Oct 25. On June 8, 2024, SIA completed its $5.3 billion rights issue and issued its $3.5 billion MCBs with a conversion price of $4.84. Shares in SIA closed 1 cent lower or 0.2% down at $5.03 on Oct … diary of a wimpy kid the meltdown online