gohtk
2021-04-21

The S$8.8 billion that $SINGAPORE AIRLINES LTD(C6L.SI)$raised in a rights issue in 2020 is almost depleted, but global air travel is not coming back in full swing soon. Fresh waves of infections are being reported across the globe, and vaccination rates have been hit by a supply snag. It may need funds again with slow recovery but it has several options besides tapping MCBs. 

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Comments

  • jaky979977
    2021-04-21
    jaky979977
    how do you know it's being depleted
    • gohtk
      $SINGAPORE AIRLINES LTD(C6L.SI)$ has used approximately $7.1 billion of the $8.8 billion raised from a rights issue in June 2020 according to filing to the SGX on 21 Dec 2020.
    • gohtk
      https://www.straitstimes.com/business/companies-markets/sia-has-spent-71b-of-88b-raised-in-rights-issue?&utm_source=whatsapp&utm_medium=social-media&utm_campaign=addtoany
  • JT_SG_1688
    2021-04-22
    JT_SG_1688
    复两名打疫苗后工人,仍被感染,社区病例隔三差五出现,复航之路困难,大概率 继续融资,祝各位好运?
  • gohtk
    2021-05-21
    gohtk
    Following massive losses for its 2020/21 financial year, $SINGAPORE AIRLINES LTD(C6L.SI)$ has moved to further shore up its cash position with a S$6.2 billion convertible bond issue on 20 May
  • JonathanRio
    2021-04-22
    JonathanRio
    Adding to that, those who are vaccinated still got infected. ?
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