SUBSCRIBERS
SingHaiyi to raise S$143m for property investments through rights issue
Published Tue, Dec 26, 2017 · 09:50 PM
Singapore
PROPERTY developer SingHaiyi Group is looking to raise net proceeds of up to about S$143.16 million for property investments through a rights issue.
It announced on Tuesday that it is proposing a renounceable non-underwritten rights issue of up to about 1.44 billion new shares at S$0.10 each, to be issued on the basis of one rights share for every two existing shares to shareholders.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Prudential shutters Hong Kong wealth unit Pulse
Singapore has to be realistic on global trends plaguing its stock market: DPM Wong
Google DeepMind unveils next generation of drug discovery AI model
AEM Holdings Q1 net profit tumbles 85% to S$2.4 million
World’s biggest tea buyer Lipton’s sale of last farms is a strategy shift
JPMorgan, Nomura limit Segantii exposure on Hong Kong case