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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.

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Proposed Renounceable Non-Underwritten Rights Issue

BackAug 16, 2024
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
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
ISIN Name Security Type Distribution Ratio- Rights Distribution Ratio- Disbursed
SG1S76928401 COSCO SHIPPING INTL(S) CO. LTD Common Stock 1 1
Renounceable Conditions
Allow Over Subscription Yes

Attachments

  1. Attachment 1 (Size: 225,596 bytes)
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