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SIA seeks S$8.8b in rights issue of shares and bonds
Singapore Airlines has proposed a massive cash call comprising a 3-for-2 rights issue of shares and a convertible bond issue to raise a combined S$8.8 billion - fully underwritten by Temasek - as carriers around the world head for a financial crash landing.
PHOTO: ST FILE
Singapore
SINGAPORE Airlines has proposed a massive cash call comprising a 3-for-2 rights issue of shares and a convertible bond issue to raise a combined S$8.8 billion - fully underwritten by Temasek - as carriers around the world head for a financial crash landing.
In a late...
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