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 … WebSep 17, 2024 · As far as the 2024 rights issue goes, SIA spent the proceeds of S$8.8 billion between June 8, 2024 and Sept 1, 2024. SIA had used S$2.0 billion of the proceeds for the repayment of the bridge loan from DBS, which was set up in April 2024 to provide the liquidity required by SIA for the completion of the rights issue in 2024.
Rights Issues Singapore Airlines
WebMay 29, 2024 · After the 2024 rights issue, SIA’s share count has increased by 2.5 times. If you assume MCBs 2024 and 2024 all vest in full, the dilution is up to 5.5 times. With an … WebApr 1, 2024 · With the issuance of 1.78bn rights shares, total number of shares will increase to 2.96bn. Total amount of capital raised = 1.78bn * S$3.00 = S$5.34bn. So post rights issuance market value of SIA = (existing market cap (S$7.67bn) + new cash raised (S$5.34bn)) / total number of new shares (2.96bn) = S$4.40/share. These rights will be … the vs code server fail to start
SIA’s Full-Year 2024 Earnings Preview: What Can Investors Expect?
WebAs of 19 May 2024, the group has raised S$15.4 billion since April 2024, including S$8.8 billion in rights shares and MCBs. How do analysts rate the SIA stock? The blue-chip counter is up roughly 17.4% year to date. Latest analyst sentiments published by SGX StockFacts show a consensus rating of ‘underperform’ and average target price of S ... 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 … 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 … the vs collective