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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.
News
Proposed Renounceable Non-Underwritten Rights Issue Of Up To 2,239,244,954 New Ordinary Shares In The Capital Of The Company (The "Rights Issue") - Receipt Of Approval In-Principle From The Singpore Exchange Securities Trading Limited ("SGX-ST")
BackJun 03, 2025
| Announcement Title | Outcome of Regulatory Review | ||||||||||
| Date & Time of Broadcast | Jun 3, 2025 18:45 | ||||||||||
| Status | Replace | ||||||||||
| Corporate Action Reference | SG240816RHDIIG5Y | ||||||||||
| Submitted By (Co./ Ind. Name) | Gu Jing Song | ||||||||||
| Designation | Chairman and President | ||||||||||
| Event Status | Pending AIP/ LQN Announcement | ||||||||||
| 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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| Regulatory Outcome | |||||||||||
| Attachment For Regulatory Outcome | |||||||||||
| AIP announcement.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 | |||||||||||
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| Renounceable Conditions | |||||||||||
| Allow Over Subscription | Yes | ||||||||||
Attachments
- Rights Issue (Size: 225,596 bytes)
- Receipt Of AIP (Size: 168,160 bytes)
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