7 May 2020 Dollars and Sense published an article
"Singapore Airlines (SIA) Rights Issue: The Curious Case of its Price Action after it wet Ex-Rights"
(click to read if you're curious)
"Key Timeline Of SIA Rights And MCB Issuance
6 May: Ex-rights
13 May to 21 May: Rights and MCBs are being traded on the bourse
28 May: If you still own the Rights or MCBs (as original SIA shareholders who are entitled to it or if you purchase on the open market), this will be the last day for subscription. You can pay for your rights through the ATM if your SIA shares are held under your own CDP or pay it through your custodian broker account.
8 June: Rights share will start trading (if you have subscribe to your rights by paying S$3/rights, you will now have additional SIA shares)
9 June: If you have subscribe to your Rights MCBs at S$1/MCB, your rights will be converted into bonds which are also traded."
Stay home and stay healthy, everyone.
"Singapore Airlines (SIA) Rights Issue: The Curious Case of its Price Action after it wet Ex-Rights"
(click to read if you're curious)
"Key Timeline Of SIA Rights And MCB Issuance
6 May: Ex-rights
13 May to 21 May: Rights and MCBs are being traded on the bourse
28 May: If you still own the Rights or MCBs (as original SIA shareholders who are entitled to it or if you purchase on the open market), this will be the last day for subscription. You can pay for your rights through the ATM if your SIA shares are held under your own CDP or pay it through your custodian broker account.
8 June: Rights share will start trading (if you have subscribe to your rights by paying S$3/rights, you will now have additional SIA shares)
9 June: If you have subscribe to your Rights MCBs at S$1/MCB, your rights will be converted into bonds which are also traded."
Stay home and stay healthy, everyone.