WebJun 4, 2024 · On the 28th May 2024 at 5pm, a silent cry went across the country as every single one of the 67 million rights expired worthless. At the last traded price of 55 cents, the rights would have been worth $37 million. In one fell swoop, retail investors have dumped $37 million dollars in perfectly good working condition into the aircraft toilet ... WebMay 13, 2024 · Since April last year, the group had raised a whopping S$13.4 billion through a variety of methods, including a rights issue, the issuance of mandatory convertible bonds (MCB) and aircraft financing. In January 2024, the airline had also issued its first USD-denominated bond, raising US$500 million. As of 31 December 2024, SIA was ...
Singapore Airlines (SIA) Rights Shares and MCBs Issues
WebOct 25, 2024 · Oct 25, 2024, 8:42 PM SGT. SINGAPORE - The Singapore Airlines (SIA) Group will on Dec 8 fully redeem its first tranche of rights mandatory convertible bonds (MCBs) that were issued in 2024 to ... WebOct 26, 2024 · The rally comes after the company on Tuesday announced that it would redeem $3.5 billion of rights MCB on Dec 8, 2024. The 10-year MCBs were issued in mid … florists in bucyrus ks
SIA shares take off following MCB redemption announcement
WebOct 25, 2024 · The total amount of $3.86 billion, which is the sum at 110.408% of the principal, will take place on Dec 8, says SIA via a bourse filling dated Oct 25. On June 8, 2024, SIA completed its $5.3 billion rights issue and issued its $3.5 billion MCBs with a conversion price of $4.84. Shares in SIA closed 1 cent lower or 0.2% down at $5.03 on Oct … WebMay 27, 2024 · Reply from SIA to SIAS Questions on MCB Issuance published on 27 May 2024 1. Regarding your intentions to exercise the rights Mandatory Convertible Bond (MCB) issue of S$6.2 billion, in a bid to strengthen the Singapore Airlines (SIA) Group’s financial foundation and secure its industry-leading position, how critical is this issuance for SIA as … WebSep 17, 2024 · As far as the 2024 rights issue goes, SIA spent the proceeds of $8.8 billion between June 8 last year and Sept 1 this year. SIA had used $2 billion of the proceeds for … gree air conditioner warranty registration