COSCO SHIPPING International (Singapore) Co., Ltd. (“COSCO SHIPPING” or the “Company” and together with its subsidiaries, the “Group”) aims to become the best-integrated logistics service provider in South and Southeast Asia. The Company is also involved in dry bulk shipping, ship repair and marine engineering, as well as property management.
Announcement Title | Propose Renounceable Non-underwritten Rights Issue | ||||||||||
Date & Time of Broadcast | Aug 16, 2024 17:50 | ||||||||||
Status | New | ||||||||||
Corporate Action Reference | SG240816RHDIIG5Y | ||||||||||
Submitted By (Co./ Ind. Name) | Gu Jing Song | ||||||||||
Designation | Chairman and President | ||||||||||
Underwritten | No | ||||||||||
Shareholders' Approval Required? | Yes | ||||||||||
Shareholders' Approval Obtained | No | ||||||||||
Financial Year End | 31/12/2023 | ||||||||||
Foreign Shareholder Eligibility | No | ||||||||||
Attachment for Intent | 20240816 - Cosco_Annc Rights Issue_Final.pdf | ||||||||||
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Event Narrative | |||||||||||
Narrative Type | Narrative Text | ||||||||||
Additional Text | PROPOSED RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE | ||||||||||
Dates | |||||||||||
Rights Details | |||||||||||
Security Not Found? | No | ||||||||||
Renounceable | Yes | ||||||||||
Rights Security Distribution Ratio- Underlying | 1 | ||||||||||
Rights Security Distribution Ratio- Rights Security | 1 | ||||||||||
Option Exercise | |||||||||||
Issue Price (Per Rights) | SGD 0.122 | ||||||||||
Disbursed Security | |||||||||||
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Renounceable Conditions | |||||||||||
Allow Over Subscription | Yes |
Attachments