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Del Monte Pacific seeks to raise US$180m through rights issues

Rights offerings in Singapore and the Philippines a move to deleverage and boost balance sheet, says company

Singapore

FOOD and beverage company Del Monte Pacific Ltd, which is dual listed on the mainboard of the Singapore Exchange (SGX) and the Philippine Stock Exchange (PSE), has proposed to undertake a renounceable underwritten rights issue in Singapore and a stock rights offering in the...

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