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Equity raising
Equity raising
UMS raises $51.6 mil after placement was 2.55 times covered
The placement shares will enlarge UMS’s share base by 5.97% to just over 710.5 million shares.
January 29, 2024
Company in the news
Is mm2 Asia's turnaround in sight as Oei and Goi step up?
Minority shareholders might sit out this rights issue as investor fatigue could have already set in
October 05, 2023
IPO
Once-hot stock offering market buckles under recession risk
In addition to heightened volatility and uncertainty, the underperformance of some high-profile 2021 listings is also a concern
June 19, 2022
Equity raising
Eneco Energy aims to raise $15.7 mil via placement
Eneco Energy is on SGX's watch list since Dec 4 2019
March 27, 2022
Equity raising
Trendlines to raise $20.27 million through proposed subscription of 168.9 mil new shares
The new shares represent 21.35% of the existing share capital in the company and 17.59% of the enlarged share capital
January 20, 2022
Equity raising
Sim Leisure to raise $3.6 mil through proposed subscription of 17.7 mil new shares
The proposed subscription was made to increase the resources available to Sim Leisure for its operational needs.
September 02, 2021
REITs
KORE to acquire Nashville and Denver assets for US$105.1 mil, launches private placement to raise US$65 mil
The DPU accretive acquisitions are expected to be completed in 3Q2021.
July 28, 2021
Equity raising
Olam rights issue 118% subscribed, raises $601.7 mil
482.4 mil shares will be issued at $1.25.
July 23, 2021
Equity raising
Serial System raises $1.35 mil through placement of 9 mil shares
Serial System intends to use the placement proceeds to invest in new corporate ventures in FinTech.
July 12, 2021
REITs
ARA US Hospitality Trust could raise equity to strengthen capital position
Both Sasseur REIT and ARA US Hospitality Trust could experience revaluation losses this year if their total rental revenues continue to fall. However, the negative impact will affect ARA US Hospitality Trust a lot more.
June 26, 2020