Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
COSCO Shipping International Singapore Co Ltd ( (SG:F83) ) just unveiled an announcement.
COSCO Shipping International Singapore Co Ltd announced the results of its renounceable non-underwritten rights issue, which offered up to 2,239,244,954 new ordinary shares at S$0.122 each. The rights issue was fully subscribed, with valid acceptances accounting for 63.76% and excess applications making up 36.24%, indicating strong investor interest and support for the company’s capital raising efforts.
More about COSCO Shipping International Singapore Co Ltd
COSCO Shipping International Singapore Co Ltd operates in the shipping industry, focusing on providing a range of shipping services and solutions. The company is part of a larger group that includes various subsidiaries, enhancing its market presence and operational capabilities.
Average Trading Volume: 3,817,954
Technical Sentiment Signal: Sell
Current Market Cap: S$564.3M
For detailed information about F83 stock, go to TipRanks’ Stock Analysis page.