rights issue
Investors should not avoid Reits over fears of dilutive equity raisings
Trust managers can drive growth with astute property purchases
First Sponsor raises S$244 million from oversubscribed rights issue
It intends to use net proceeds to fund expansion plans, strengthen financial position and capital base
First Sponsor seeks to raise S$283.8 million in convertible perps issue
They will be issued at S$1.08 each on the basis of one Series 3 convertible security for every five existing shares
mm2 Asia chairman subscribes for S$6.1 million worth of rights shares
MM2 Asia’s chairman has paid S$6.1 million to participate in the media and entertainment company’s one-for-two rights issue at S$0.02 per rights share which shareholders approved at an extraordinary g...
SGX RegCo’s resolution with Stamford Land spotlights rules on allotment of rights shares
SHOULD a public-listed company ever be allowed to allot excess rights shares to its directors or controlling shareholders without first satisfying all applications from minority shareholders?
Stamford Land shareholders donate S$2 million to SGX education fund in resolution over allocation of rights
STAMFORD Land’s controlling shareholders will donate S$2 million to the Singapore Exchange (SGX) Investor Education Fund, as part of a resolution between both parties over an issue regarding the forme...
Elite Commercial Reit launches fully underwritten preferential offering at £0.27 apiece
Elite Commercial Real Estate Investment Trust (Reit) launched a fully underwritten non-renounceable preferential offering at £0.27 per unit to raise about £28 million (S$47.2 million).
Seatrium left with S$300 million net proceeds from S$1.5 billion rights issue in 2021
SEATRIUM on Friday (Sep 8) said it has a balance of S$300 million in net proceeds from its rights issue back in 2021, after the latest use of S$100 million for the repayment of a loan facility.
Reits, business trusts should avoid raising new equity to fund acquisitions
Public-listed entities face onerous disclosure and compliance requirements. But a listed entity can fairly easily issue securities to raise funds.
Shareholders making up over 90% of Sats shares made valid applications for rights
SHAREHOLDERS making up 90.4 per cent of Sats shares have made valid applications for new shares it will be issuing, announced the inflight caterer and ground handler in a bourse filing on Thursday (Ma...
