The second tranche of MCB by SIngapore Airlines to raised $6.2b is undersubscribed at just about 60% of the total allocation taken up. This means that Temasek is taking up the remaining $2.44b worth of rights. The stocks of SIA…
Tag: Singapore airline stock
Singapore Airline (SIA) Rights Issue and MCB 2021: Is it worth subscribing?
The SIA MCB 2021 is a zero coupon bond. This means that when you put in $100, you will not get any payout till it is ‘redeemed’. The Bond is for a duration of 10 years, but SIA can redeem…
Singapore stock market news: Should I buy Singapore Airline
I find the stock market an amazing place, where both institution investors and private investors believe they have a systematic approach to investing and try to predict the market with target prices and time the market to decide when to…