Cosco Shipping International (Singapore) plans to fund JILH Phase II development with SGD 122.29 million rights issue proceeds

Reuters03-19 18:00

<a href="https://laohu8.com/S/CICOF">Cosco Shipping</a> International (Singapore) plans to fund JILH Phase II development with SGD 122.29 million rights issue proceeds

Cosco Shipping International (Singapore) said it plans to use remaining net rights issue proceeds to partially fund the construction or acquisition of logistics infrastructure, including the development of JILH Phase II. The company reported a remaining balance of SGD 96.88 million for this purpose. It also said it will continue making periodic announcements as the balance proceeds are materially disbursed or utilised.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cosco Shipping International (Singapore) Co. Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 27VOK6JU3OZOQX74) on March 19, 2026, and is solely responsible for the information contained therein.

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