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First Ship Lease Trust plans 3-for-2 rights issue to raise S$43m


FIRST Ship Lease Trust's (FSLT) manager has proposed a non-renounceable preferential offering of three rights units for every two existing units held at an issue price of S$0.045 per new unit to raise up to S$43.03 million.

FSLT, which owns a fleet of shipping vessels,...

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