facebookWhat are your thoughts on Singapore Airlines Ltd (SGX: C6L) rights issue? - Seedly

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Anonymous

11 Apr 2020

βˆ™

General Investing

What are your thoughts on Singapore Airlines Ltd (SGX: C6L) rights issue?

SIA announced that it will offer all shareholders S$5.3 billion in new equity and up to a further S$9.7 billion through a 10-year Mandatory Convertible Bonds (MCB). Is this good for shareholders?

Discussion (3)

What are your thoughts?

ZT

Zachary Teo

27 Mar 2020

Level 8Β·Art Director at Ad Agency

I think for shareholders who are confident of Singapore Airline operations (read DIE HARD FANS) will be happy for it. As what Kenneth have mentioned, new investors or day traders probably will stir away from it for a good 1 year or so.

Personally, I do think Singapore Airline will go through this tough time and come up alive. I am all for Singapore Airline because of their service and convenience.

Kenneth Lou

Kenneth Lou

27 Mar 2020

Level 14Β·Co-founder at Seedly

Looks abit like a pretty half-hearted effort to raise money from the public.

The flipside to this i...

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