I’m finally fully recovered from my HFMD and would like to thank everyone for all your well wishes. 🙂 I would like to resume normal posting activities today by highlighting this recent article warning about perpetual bonds. The spate of sale of perpeture bonds to the public in this year has MAS raising some concerns […]
As at the close of the Genting Perpetuals Public Offer at 12.00 p.m. on 16 April 2012, valid applications in respect of S$731,339,000 in aggregate principal amount of the Securities at the issue price of 100 per cent. under the Public Offer were received. All applicants who submitted valid applications for the Securities under the […]
After Genting launched a perpetual bond issue that was only for institutional or high net worth investors last month, they have decided to launch one for retail investors too. Up to S$500 million of perpetual subordinated capital securities at an issue price of S$1 will be offered to the public in Singapore. Each bond will have a minimum […]
Genting Singapore announced yesterday that they will be having a Rights Issue to raise S$1.63 billion. This will be the second largest rights issue of the year. Shareholders of Genting Singapore will be given the right to subscribe for 1 Rights Share at a price of $0.80 for every 5 Genting shares that they own. […]