COSCO SHIPPING International (Singapore) updates deployment of rights-issue proceeds

SGX Filings

Sep 21

COSCO SHIPPING International (Singapore) Co., Ltd. said it has utilised an additional 6.36 million Singapore dollars from the 272.2 million Singapore dollars raised in its renounceable non-underwritten rights issue of 2.24 billion new shares.

The fresh outlay, disclosed on Sep, 21 2026, was channelled to partially fund the construction or acquisition of logistics infrastructure and related investment projects, including the development of JILH Phase II.

Following this latest disbursement, the company has applied a total of 214.93 million Singapore dollars of the net proceeds: 71.38 million Singapore dollars for logistics infrastructure and 149.91 million Singapore dollars to fully repay bank borrowings. The remaining balance stands at 50.91 million Singapore dollars, with the board pledging to provide further updates as funds are deployed.

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The remaining balance stands at 50.91 million Singapore dollars, with the board pledging to provide further updates as funds are deployed.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"F83.SI","symbol_name":"中远海运国际（新加坡）有限公司","start_time":0,"source_url":"","article_id":"1110525976","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1110525976","pubTimestamp":1789985260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"SGX Filings","introduction":"Fastest News on SGX Filings ","home_visible":1,"id":"1083912268","head_image":"https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39"},"summary":"COSCO SHIPPING International (Singapore) Co., Ltd. said it has utilised an additional 6.36 million Singapore dollars from the 272.2 million Singapore dollars raised in its renounceable...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"F83.SI":"中远海运国际（新加坡）有限公司"},"translate_title":"中远海运国际（新加坡）更新供股收益部署情况","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"F83.SI":1},"content_text":"COSCO SHIPPING International (Singapore) Co., Ltd. said it has utilised an additional 6.36 million Singapore dollars from the 272.2 million Singapore dollars raised in its renounceable non-underwritten rights issue of 2.24 billion new shares.\nThe fresh outlay, disclosed on Sep, 21 2026, was channelled to partially fund the construction or acquisition of logistics infrastructure and related investment projects, including the development of JILH Phase II.\nFollowing this latest disbursement, the company has applied a total of 214.93 million Singapore dollars of the net proceeds: 71.38 million Singapore dollars for logistics infrastructure and 149.91 million Singapore dollars to fully repay bank borrowings. 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